CELSIUS HOLDINGS INC (CELH) Stock Technical Analysis
NASDAQ:CELH - Nasdaq - US15118V2079 - Common Stock - Currency: USD
Taking everything into account, CELH scores 8 out of 10 in our technical rating. Although CELH is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month CELH has a been trading in the 34.10 - 44.00 range, which is quite wide. It is currently trading near the high of this range.
CELH has an average volume of 7429350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CELH is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CELH is an average performer in the Beverages industry, it outperforms 68% of 33 stocks in the same industry.
CELH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CELH is lagging the market slightly.
CELH has an excellent technical rating, but the quality of the setup is only medium 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
25.40
41.58
When analyzing the support we can see 4 important areas.
- A support zone ranging from 37.20 to 37.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 35.71 to 36.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.89 from a horizontal line in the daily time frame.
- Support @25.66 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @41.17 from a horizontal 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 | UP | POSITIVE | The long term trend for CELH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CELH is up. |
| ChartMill Relative Strength | 74.64 | POSITIVE | CELH has a high relative strength, it outperformed 74.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CELH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CELH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CELH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.36 | NEUTRAL | The RSI value for CELH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests CELH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.14 | NEUTRAL | The Stochastics value for CELH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for CELH suggests some volalility. |
| Average Directional Index/ADX (14) | 17.72 | NEGATIVE | The low ADX value for CELH suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
41.16
-0.82 (-1.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-1.95%
1 Week1.38%
2 Weeks8.66%
1 Month5.4%
3 Month51.99%
6 Month29.47%
12 Month-31.35%
2 Year-17.23%
3 Year89.21%
5 Year949.11%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.78
ATR(20)%4.26%
ATR Inc-20.45%
Range Today1.31
ADR(20)1.62
ADR(20)%3.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.64
Mansfield1.2
10 Day High44
10 Day Low36.37
20 Day High44
20 Day Low34.1
52 Week High64.19
52 Week Low21.1
CS1 End37.38
CR1 Start41.17
Volume & EV
DER(3)-0.94%
DER(5)-0.04%
Volume5.08M
Volume Incr2.03%
Vol(5)7.39M
Vol(50)7.43M