CELSIUS HOLDINGS INC (CELH) Stock Technical Analysis
USA - NASDAQ:CELH - US15118V2079 - Common Stock
We assign a technical rating of 2 out of 10 to CELH. Although CELH is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of CELH is bad and it also does not present a quality setup 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
41.09
We found 2 important support areas.
- Support @42.74 from a horizontal line in the daily time frame.
- A support zone ranging from 41.51 to 42.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @44.92 from a horizontal line in the daily time frame.
- Resistance @63.20 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for CELH is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CELH is down. |
| ChartMill Relative Strength | 84.58 | POSITIVE | CELH has a high relative strength, it outperformed 84.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CELH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CELH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CELH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 26.89 | OVERSOLD | The low RSI value suggests CELH may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.79 | NEGATIVE | The MACD value suggests CELH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.89 | OVERSOLD | The low Stochastics value suggests CELH may be oversold. |
| Average True Range in percent/ATR (20) | 7.53 | HIGH VOLATILITY | The high ATR as a percentage value for CELH suggests high volalility. |
| Average Directional Index/ADX (14) | 34.33 | POSITIVE | The high ADX value value for CELH suggests a strong trend. |
42.79
-1.22 (-2.77%)
CELSIUS HOLDINGS INC / CELH FAQ
What is the ChartMill technical rating of CELSIUS HOLDINGS INC (CELH) stock?
ChartMill assigns a technical rating of 2 / 10 to CELH.
Can you provide the trend direction for CELSIUS HOLDINGS INC?
The current trend direction for CELSIUS HOLDINGS INC (CELH) is Bearish.
Can you provide the RSI signal for CELSIUS HOLDINGS INC?
CELSIUS HOLDINGS INC (CELH) has an RSI value of 26.8899. This indicates that the stock is currently oversold.
What is the short term momentum for CELSIUS HOLDINGS INC (CELH) stock?
The short term momentum for CELSIUS HOLDINGS INC (CELH) is negative.
What are the support and resistance levels for CELSIUS HOLDINGS INC (CELH) stock?
CELSIUS HOLDINGS INC (CELH) has a support level at 42.74 and a resistance level at 44.92. Check the full technical report for our detailed analysis of CELH support and resistance levels.