CELSIUS HOLDINGS INC. - 1H - Technical analysis published on 01/23/2024 (GMT)
- 82
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 54.09 USD
My targets
51.69 USD (-1.43%)
50.62 USD (-3.47%)
My analysis
The bearish trend is currently very strong for CELSIUS HOLDINGS INC.. As long as the price remains below the resistance at 54.09 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 51.69 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 50.62 USD as an objective. Crossing it would then enable sellers to target 49.09 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.1
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by ppires. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CELSIUS HOLDINGS INC. price is 52.44 USD. The price is lower by -0.40% since the last closing and was traded between 51.86 USD and 53.06 USD over the period. The price is currently at +1.12% from its lowest and -1.17% from its highest.51.86
53.06
52.44
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CELSIUS HOLDINGS INC. in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA50 & MA100
Type : Bearish
Timeframe : 1 hour
The probability of a further decline is low given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 49.09 | 50.62 | 51.69 | 52.44 | 54.09 | 58.15 | 59.76 |
| Change (%) | -6.39% | -3.47% | -1.43% | - | +3.15% | +10.89% | +13.96% |
| Change | -3.35 | -1.82 | -0.75 | - | +1.65 | +5.71 | +7.32 |
| Level | Major | Minor | Intermediate | - | Intermediate | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.92 | 50.48 | 51.56 | 53.12 | 54.20 | 55.76 | 56.84 |
| Camarilla | 51.92 | 52.17 | 52.41 | 52.65 | 52.89 | 53.13 | 53.38 |
| Woodie | 48.69 | 50.36 | 51.33 | 53.00 | 53.97 | 55.64 | 56.61 |
| Fibonacci | 50.48 | 51.49 | 52.11 | 53.12 | 54.13 | 54.75 | 55.76 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 38.81 | 45.24 | 48.62 | 55.05 | 58.43 | 64.86 | 68.24 |
| Camarilla | 49.29 | 50.19 | 51.09 | 51.99 | 52.89 | 53.79 | 54.69 |
| Woodie | 37.28 | 44.48 | 47.09 | 54.29 | 56.90 | 64.10 | 66.71 |
| Fibonacci | 45.24 | 48.99 | 51.31 | 55.05 | 58.80 | 61.12 | 64.86 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 41.02 | 44.57 | 49.54 | 53.09 | 58.06 | 61.61 | 66.58 |
| Camarilla | 52.18 | 52.96 | 53.74 | 54.52 | 55.30 | 56.08 | 56.86 |
| Woodie | 41.74 | 44.93 | 50.26 | 53.45 | 58.78 | 61.97 | 67.30 |
| Fibonacci | 44.57 | 47.82 | 49.83 | 53.09 | 56.34 | 58.35 | 61.61 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 35.20 | |
| MACD (12,26,9): | -1.5400 | |
| Directional Movement: | -15.99 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 52.37 | |
| Parabolic SAR (0,02-0,02-0,2): | 54.27 | |
| Elder Ray (13): | -1.02 | |
| Super Trend (3,10): | 55.91 | |
| Zig ZAG (10): | 52.49 | |
| VORTEX (21): | 0.7300 | |
| Stochastique (14,3,5): | 18.27 | |
| TEMA (21): | 51.61 | |
| Williams %R (14): | -78.76 | |
| Chande Momentum Oscillator (20): | -0.46 | |
| Repulse (5,40,3): | -1.8400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4100 | |
| Courbe Coppock: | 11.82 |
| MA7: | 56.73 | |
| MA20: | 56.46 | |
| MA50: | 53.67 | |
| MA100: | 56.10 | |
| MAexp7: | 52.95 | |
| MAexp20: | 54.42 | |
| MAexp50: | 56.32 | |
| MAexp100: | 56.52 | |
| Price / MA7: | -7.56% | |
| Price / MA20: | -7.12% | |
| Price / MA50: | -2.29% | |
| Price / MA100: | -6.52% | |
| Price / MAexp7: | -0.96% | |
| Price / MAexp20: | -3.64% | |
| Price / MAexp50: | -6.89% | |
| Price / MAexp100: | -7.22% |
Quotes :
-
15 min delayed data
-
NASDAQ Stocks
News
The last news published on CELSIUS HOLDINGS INC. at the time of the generation of this analysis was as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis CELSIUS HOLDINGS INC. - 1H