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Is This the Top for Compass Diversified Holdings (CODI)

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Compass Diversified Holdings (CODI - Free Report) 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.

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