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CODI (Compass Diversified Holdings) 5-Day RSI : 53.97 (As of Dec. 13, 2024)


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What is Compass Diversified Holdings 5-Day RSI?

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 5-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.

As of today (2024-12-13), Compass Diversified Holdings's 5-Day RSI is 53.97.

The industry rank for Compass Diversified Holdings's 5-Day RSI or its related term are showing as below:

CODI's 5-Day RSI is ranked worse than
75.24% of 614 companies
in the Conglomerates industry
Industry Median: 52.395 vs CODI: 53.97

Competitive Comparison of Compass Diversified Holdings's 5-Day RSI

For the Conglomerates subindustry, Compass Diversified Holdings's 5-Day RSI, along with its competitors' market caps and 5-Day RSI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Compass Diversified Holdings's 5-Day RSI Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Compass Diversified Holdings's 5-Day RSI distribution charts can be found below:

* The bar in red indicates where Compass Diversified Holdings's 5-Day RSI falls into.



Compass Diversified Holdings  (NYSE:CODI) 5-Day RSI Calculation

The formula for calculating RSI is:

RSI=100[ 100 / ( 1 + Average Gain / Average Loss )]

* Note that the formula uses a positive value for the average loss.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Compass Diversified Holdings  (NYSE:CODI) 5-Day RSI Explanation

The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.

Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.

RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 5-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.


Compass Diversified Holdings 5-Day RSI Related Terms

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Compass Diversified Holdings Business Description

Traded in Other Exchanges
Address
301 Riverside Avenue, Second Floor, Westport, CT, USA, 06880
Compass Diversified Holdings is a diversified business conglomerate based in the United States having two groups: branded consumer business and industrial business. Branded consumer businesses are characterized as those businesses that capitalize on a valuable brand name in their respective market sector. It includes 5.11, Ergobaby, Liberty Safe, and Velocity Outdoor. Industrial businesses are characterized as those businesses that focus on manufacturing and selling particular products and industrial services within a specific market sector. The company has operations in the United States, Canada, Europe, Asia Pacific, and other International areas.
Executives
Patrick A Maciariello other: See Remarks (a) 301 RIVERSIDE AVENUE, SECOND FLOOR, WESTPORT CT 06880
Simon Heidi Locke other: See Remark (a) 26 KENSETT LANE, DARIEN CT 06820
Ryan J Faulkingham other: See Remark (a) SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880
Larry L Enterline other: See Remark (a) 2709 WATER RIDGE PARKWAY, 2ND FLOOR, CHARLOTTE NC 28217
Teri Shaffer other: See Remark (a) 301 RIVERSIDE AVENUE, SECOND FLOOR, WESTPORT CT 06880
Nancy Mahon other: See Remark (a) C/O TPG PACE BENEFICIAL FINANCE CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Alexander S. Bhathal other: See Remark (a) 301 RIVERSIDE AVENUE, SECOND FLOOR, WESTPORT CT 06880
Gordon M Burns other: See Remark (a) AZTAR CORPORATION, 2390 E. CAMELBACK RD., SUITE 400, PHOENIX AZ 85016
Elias Sabo other: See Remarks (a) 2709 WATER RIDGE PARKWAY, 2ND FLOOR, CHARLOTTE NC 28217
Harold S Edwards other: See Remark (a) SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880
James Bottiglieri other: See Remark (a) 2187 ATLANTIC ST, STAMFORD CT 06902
Compass Group Investments, Ltd. 10 percent owner BELVEDERE BUILDING, 69 PITTS BAY ROAD, HAMILTON HM 08 D0 00000
Sarah Gaines Mccoy other: See Remark (a) 6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203-5862
C Sean Day other: See Remark (a)
D Eugene Ewing other: See Remark (a) SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880