COMPASS DIVERSIFIED HOLDINGS (CODI)       18.09  -0.08 (-0.44%)

18.09  -0.08 (-0.44%)

US20451Q1040 - Common Stock - After market: 18.2 +0.11 (+0.61%)

Technical Rating

0

We assign a technical rating of 0 out of 10 to CODI. CODI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.



The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
73% of all other stocks performed better in the past year than CODI.
CODI is part of the Diversified Financial Services industry. There are 28 other stocks in this industry, of which 79% are performing better than CODI.
CODI is currently making a new 52 week low. This is a very bad signal. The S&P500 Index however is also trading in the lower part of its yearly range, so it may just be a bad time for stocks in general.
In the last month CODI has a been trading in the 17.88 - 22.07 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.

Statistics

1 Month 3 Months 6 Months 12 Months -17.62% -16.06% -25.37% -35.44% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 27.38 17.88 - 33.309
CODI Weekly chart
CODI Daily chart

Support/Resistance Analysis


17.91

25.50
When analyzing the resistance we notice 5 important areas.
  • Resistance @18.48 from a trend line in the daily time frame.
  • Resistance @23.01 from a trend line in the weekly time frame.
  • Resistance @23.87 from a trend line in the daily time frame.
  • Resistance @24.37 from a horizontal line in the weekly time frame.
  • Resistance @25.25 from a horizontal line in the daily time frame.

Setup Analysis

Setup Rating

3

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.


CODI Daily chart

COMPASS DIVERSIFIED HOLDINGS18.09

NYSE:CODI (9/27/2022, 7:04:01 PM)-0.08 (-0.44%)

After market: 18.2 +0.11 (+0.61%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Financials
GICS Industry Diversified Financial Services
Performance
Today -0.44% 1 Week -6.99%
2 Weeks -11.28% 1 Month -17.62%
3 Month -16.06% 6 Month -25.37%
Volatility
ATR(14) 0.65 ATR(20)% 3.79%
ATR Inc 37.9% Range Today 0.82
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 27.38 Mansfield -1.44
10 Day High 20.56 10 Day Low 17.88
20 Day High 22.07 20 Day Low 17.88
52 Week High 33.31 52 Week Low 17.88
CS1 End N/A CR1 Start 18.48
Volume & EV
DER(3) -1.23% DER(5) 1.91%
Volume 219.60K Volume Incr 3.42%
Vol(5) 282.58K Vol(50) 257.68K

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