We assign a technical rating of 1 out of 10 to CELH. CELH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, CELH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
38.35
2 important support areas can be observed.
- Support @40.24 from a trend line in the weekly time frame.
- A support zone ranging from 38.74 to 38.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 43.96 to 44.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @61.54 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 | DOWN | NEGATIVE | The long term trend for CELH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CELH is down. |
| ChartMill Relative Strength | 64.34 | NEUTRAL | CELH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CELH is above 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) | 46.57 | NEUTRAL | The RSI value for CELH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.05 | POSITIVE | The MACD value suggests CELH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.79 | OVERBOUGHT | The high Stochastics value suggests CELH may be overbought. |
| Average True Range in percent/ATR (20) | 4.42 | MEDIUM VOLATILITY | The ATR as a percentage value for CELH suggests some volalility. |
| Average Directional Index/ADX (14) | 25.77 | POSITIVE | The high ADX value value for CELH suggests a strong trend. |
43.95
-0.33 (-0.75%)
CELSIUS HOLDINGS INC / CELH FAQ
What is the ChartMill technical rating of CELSIUS HOLDINGS INC (CELH) stock?
ChartMill assigns a technical rating of 1 / 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 46.5681. This indicates that the stock is currently neutral.
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 40.24 and a resistance level at 43.96. Check the full technical report for our detailed analysis of CELH support and resistance levels.