COMPASS DIVERSIFIED HOLDINGS (CODI) Technical Analysis
NYSE:CODI • US20451Q1040
Current stock price
CODI Technical Rating and Analysis
Taking everything into account, CODI scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, CODI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- CODI is part of the Financial Services industry. There are 99 other stocks in this industry. CODI outperforms 88% of them.
- In the last month CODI has a been trading in the 6.37 - 11.98 range, which is quite wide. It is currently trading near the high of this range.
- CODI has an average volume of 1334620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that CODI is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- CODI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CODI is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CODI Weekly and Daily overview Charts
CODI Setup Rating and Analysis
Although CODI has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CODI Support and Resistance Analysis
5.94
When analyzing the support we notice one important area.
- A support zone ranging from 6.00 to 6.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
CODI Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CODI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CODI is up. |
| ChartMill Relative Strength | 82 | POSITIVE | CODI has a high relative strength, it outperformed 82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CODI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CODI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CODI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.61 | OVERBOUGHT | The high RSI value suggests CODI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests CODI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.78 | OVERBOUGHT | The high Stochastics value suggests CODI may be overbought. |
| Average True Range in percent/ATR (20) | 5.16 | HIGH VOLATILITY | The high ATR as a percentage value for CODI suggests high volalility. |
| Average Directional Index/ADX (14) | 53.74 | POSITIVE | The high ADX value value for CODI suggests a strong trend. |
CODI Chart- and CandleStick Pattern Analysis
CODI Technicals: Chart, Performance Metrics, Trend & Indicators
11.49
+0.05 (+0.44%)
COMPASS DIVERSIFIED HOLDINGS / CODI TA FAQ
What is the technical rating for CODI stock?
ChartMill assigns a technical rating of 9 / 10 to CODI.
Can you provide the trend direction for COMPASS DIVERSIFIED HOLDINGS?
The current trend direction for COMPASS DIVERSIFIED HOLDINGS (CODI) is Bullish.
Can you provide the RSI signal for COMPASS DIVERSIFIED HOLDINGS?
COMPASS DIVERSIFIED HOLDINGS (CODI) has an RSI value of 78.6077. This indicates that the stock is currently overbought.
What is the short term momentum for CODI stock?
The short term momentum for COMPASS DIVERSIFIED HOLDINGS (CODI) is positive.
What is the buy/sell signal for CODI stock?
The buy/sell signal for COMPASS DIVERSIFIED HOLDINGS (CODI) is buy as both the short term and long term trends are positive.