COMPASS DIVERSIFIED HOLDINGS (CODI) Stock Technical Analysis
USA - NYSE:CODI - US20451Q1040 - Common Stock
We assign a technical rating of 0 out of 10 to CODI. CODI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of CODI is bad and it also does not present a 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.
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5.93
When analyzing the support we notice one important area.
- A support zone ranging from 5.99 to 5.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 7.15 to 7.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for CODI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CODI is down. |
| ChartMill Relative Strength | 5.82 | NEGATIVE | CODI has a low relative strength, it was outperformed by 94.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CODI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CODI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CODI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.06 | NEUTRAL | The RSI value for CODI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests CODI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.42 | OVERSOLD | The low Stochastics value suggests CODI may be oversold. |
| Average True Range in percent/ATR (20) | 10.65 | HIGH VOLATILITY | The high ATR as a percentage value for CODI suggests high volalility. |
| Average Directional Index/ADX (14) | 20.22 | NEUTRAL | The ADX value for CODI suggests a possible start of a new trend. |
6.41
+0.41 (+6.83%)
COMPASS DIVERSIFIED HOLDINGS / CODI FAQ
What is the technical rating for CODI stock?
ChartMill assigns a technical rating of 0 / 10 to CODI.
What is the current trend direction of COMPASS DIVERSIFIED HOLDINGS (CODI) stock?
The current trend direction for COMPASS DIVERSIFIED HOLDINGS (CODI) is Bearish.
What is the RSI signal for COMPASS DIVERSIFIED HOLDINGS (CODI) stock?
COMPASS DIVERSIFIED HOLDINGS (CODI) has an RSI value of 42.055. This indicates that the stock is currently neutral.
What is the buy/sell signal for COMPASS DIVERSIFIED HOLDINGS (CODI) stock?
The buy/sell signal for COMPASS DIVERSIFIED HOLDINGS (CODI) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for COMPASS DIVERSIFIED HOLDINGS?
COMPASS DIVERSIFIED HOLDINGS (CODI) has a support level at 5.99 and a resistance level at 7.15. Check the full technical report for our detailed analysis of CODI support and resistance levels.