COMPASS DIVERSIFIED HOLDINGS (CODI) Stock Technical Analysis
NYSE:CODI - New York Stock Exchange, Inc. - US20451Q1040 - Common Stock - Currency: USD
Taking everything into account, CODI scores 0 out of 10 in our technical rating. 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.
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: 99% of all stocks are doing better.
CODI is one of the lesser performing stocks in the Financial Services industry. 94% of 99 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CODI has a been trading in the 6.00 - 7.99 range, which is quite wide. It is currently trading near the lows of this range.
CODI has an average volume of 1471070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
CODI has a poor technical rating and the quality of the setup is also not perfect 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
6.20
7.26
When analyzing the resistance we notice one important area.
- Resistance @7.19 from a horizontal line in the daily time frame.
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 | 1.23 | NEGATIVE | CODI has a low relative strength, it was outperformed by 98.77% 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) | 28.48 | OVERSOLD | The low RSI value suggests CODI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests CODI has a positive trend. |
| Stochastics (14,3) | 9.58 | OVERSOLD | The low Stochastics value suggests CODI may be oversold. |
| Average True Range in percent/ATR (20) | 6.94 | HIGH VOLATILITY | The high ATR as a percentage value for CODI suggests high volalility. |
| Average Directional Index/ADX (14) | 54.87 | POSITIVE | The high ADX value value for CODI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
6.26
+0.26 (+4.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg4.33%
1 Week-4.57%
2 Weeks-3.84%
1 Month-20.76%
3 Month-67.34%
6 Month-73.19%
12 Month-71.13%
2 Year-71.14%
3 Year-70.77%
5 Year-63.69%
10 Year-61.83%
15 Year-38.81%
Volatility
ATR(14)0.48
ATR(20)%6.94%
ATR Inc-9.43%
Range Today0.39
ADR(20)0.4
ADR(20)%6.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.23
Mansfield-6.91
10 Day High7.55
10 Day Low6
20 Day High7.99
20 Day Low6
52 Week High24.59
52 Week Low6
CS1 EndN/A
CR1 Start7.19
Volume & EV
DER(3)4.44%
DER(5)0.88%
Volume1.79M
Volume Incr16.24%
Vol(5)2.05M
Vol(50)1.47M