COMPASS DIVERSIFIED HOLDINGS (CODI) Technical Analysis
NYSE:CODI • US20451Q1040
Current stock price
CODI Technical Rating and Analysis
Overall CODI gets a technical rating of 1 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CODI is a bad performer in the overall market: 87% of all stocks are doing better.
- CODI is one of the lesser performing stocks in the Financial Services industry. 73% of 98 stocks in the same industry do better.
- CODI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CODI is lagging the market.
- In the last month CODI has a been trading in the 5.53 - 8.42 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.
- CODI has an average volume of 1356430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CODI Weekly and Daily overview Charts
CODI Setup Rating and Analysis
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.
More info and screens
CODI Support and Resistance Analysis
5.51
When analyzing the support we notice one important area.
- A support zone ranging from 5.57 to 5.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @7.41 from a trend line in the weekly time frame.
- Resistance @8.60 from a horizontal line in the daily time frame.
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 | 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 | 13.24 | NEGATIVE | CODI has a low relative strength, it was outperformed by 86.76% 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) | UP | MIXED | The current price of CODI is below the rising 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) | 32.89 | NEUTRAL | The RSI value for CODI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests CODI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.86 | OVERSOLD | The low Stochastics value suggests CODI may be oversold. |
| Average True Range in percent/ATR (20) | 7.91 | HIGH VOLATILITY | The high ATR as a percentage value for CODI suggests high volalility. |
| Average Directional Index/ADX (14) | 26.32 | 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
5.58
-0.1 (-1.76%)
COMPASS DIVERSIFIED HOLDINGS / CODI TA FAQ
What is the technical rating for CODI stock?
ChartMill assigns a technical rating of 1 / 10 to CODI.
Can you provide the trend direction for COMPASS DIVERSIFIED HOLDINGS?
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 32.8911. 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 5.57 and a resistance level at 7.41. Check the full technical report for our detailed analysis of CODI support and resistance levels.