Is This the Top for Compass Diversified Holdings (CODI) - Tale of the Tape

By Zacks Equity Research,

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Compass Diversified Holdings ( CODI ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because CODI is now in overbought territory with an RSI value of 79.9. Furthermore, estimates for Compass Diversified Holdings have been coming down, pushing it to a Zacks Rank #5 (Strong Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

COMPASS DIVERSF (CODI): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: CODI

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