RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CODI
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Compass Diversified Holdings stock price up 0.125% on Thursday
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 15, 2024 Gain 3.75% PDF

The Compass Diversified Holdings stock price gained 0.125% on the last trading day (Thursday, 28th Mar 2024), rising from $24.04 to $24.07. During the last trading day the stock fluctuated 1.24% from a day low at $23.90 to a day high of $24.20. The price has risen in 6 of the last 10 days and is up by 3.13% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 147 thousand more shares were traded than the day before. In total, 279 thousand shares were bought and sold for approximately $6.72 million.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 9.53% during the next 3 months and, with a 90% probability hold a price between $25.02 and $27.45 at the end of this 3-month period.

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CODI Signals & Forecast

The Compass Diversified Holdings stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $23.89 and $23.27. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, March 08, 2024, and so far it has fallen -2.00%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Compass Diversified Holdings stock

Compass Diversified Holdings finds support from accumulated volume at $23.01 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.296 between high and low, or 1.24%. For the last week the stock has had daily average volatility of 1.74%.

Our recommended stop-loss: $23.02 (-4.36%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 14 days ago.)

Trading Expectations (CODI) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Compass Diversified Holdings to open at $24.06, and during the day (based on 14 day Average True Range), to move between $23.61 and $24.53, which gives a possible trading interval of +/-$0.457 (+/-1.90%) up or down from last closing price. If Compass Diversified Holdings takes out the full calculated possible swing range there will be an estimated 3.79% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $24.19 (0.50%) than the support at $23.01 (4.40%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Compass Diversified Holdings stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Compass Diversified Holdings stock to perform well in the short-term.

Current score: 3.021 Buy Candidate Unchanged

Predicted Opening Price for Compass Diversified Holdings of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$24.06 ( 0.0497%) $24.07

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CODI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 24.35 1.18 %
R2 24.24 0.710 %
R1 24.17 0.420 %
Current price: 24.07
Support S1 23.94 -0.519 %
S2 23.88 -0.81 %
S3 23.76 -1.28 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 24.56 2.04 %
R2 24.40 1.37 %
R1 24.19 0.499 %
Current price 24.07
Support S1 23.01 -4.40%
S2 23.00 -4.45%
S3 22.01 -8.56%

CODI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 17, 2024 Jan 17, 2024 Jan 25, 2024 $0.250 1.09%
2 Oct 04, 2023 Oct 18, 2023 Oct 26, 2023 $0.250 1.41%
3 Jul 05, 2023 Jul 19, 2023 Jul 27, 2023 $0.250 1.12%
4 Apr 03, 2023 Apr 19, 2023 Apr 27, 2023 $0.250 1.33%
5 Jan 04, 2023 Jan 18, 2023 Jan 26, 2023 $0.250 1.17%

FAQ

What is the symbol for Compass Diversified Holdings Stock and on which exchange is it traded?
The symbol for Compass Diversified Holdings is CODI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Compass Diversified Holdings Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Compass Diversified Holdings stock to perform well in the short-term.

How to buy Compass Diversified Holdings Stock?
Compass Diversified Holdings Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Compass Diversified Holdings Stock.

What's the current price of Compass Diversified Holdings Stock?
As of the end of day on the 2024-03-28, the price of an Compass Diversified Holdings (CODI) share was $24.07.

What is the 52-week high and low for Compass Diversified Holdings Stock?
The 52-week high for Compass Diversified Holdings Stock is $25.07 and the 52-week low is $16.88.

What is the market capitalization of Compass Diversified Holdings Stock?
As of the 2024-03-28, the market capitalization of Compass Diversified Holdings is 1.812B.

When is the next earnings date for Compass Diversified Holdings?
The upcoming earnings date for Compass Diversified Holdings is May 01, 2024.
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About Compass Diversified Holdings

Compass Diversified Holdings Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, safety & security, electronic components, food, foodservice. The firm prefers to invest in companies based in North America. It see... CODI Profile

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