CELSIUS HOLDINGS INC. - 1H - Technical analysis published on 01/29/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 54.09 USD
My targets
50.62 USD (-2.41%)
49.09 USD (-5.36%)
My analysis
The bearish basic trend is very strong on CELSIUS HOLDINGS INC. but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 54.09 USD. Crossing the first support at 50.62 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 49.09 USD as an objective. Crossing it would then enable sellers to target 41.52 USD. Caution, a return to above the resistance located at 54.09 USD would be a sign of a possible consolidation phase of the short-term basic trend. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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Additional analysis
Quotes
The CELSIUS HOLDINGS INC. rating is 51.87 USD. The price is lower by -1.05% since the last closing and was traded between 51.43 USD and 52.53 USD over the period. The price is currently at +0.86% from its lowest and -1.26% from its highest.51.43
52.53
51.87
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
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CELSIUS HOLDINGS INC. indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 4 are bullish, 2 are neutral and 12 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 49.09 | 50.62 | 51.72 | 51.87 | 54.09 | 58.15 | 59.76 |
| Change (%) | -5.36% | -2.41% | -0.29% | - | +4.28% | +12.11% | +15.21% |
| Change | -2.78 | -1.25 | -0.15 | - | +2.22 | +6.28 | +7.89 |
| 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 | 50.34 | 51.21 | 51.82 | 52.69 | 53.30 | 54.17 | 54.78 |
| Camarilla | 52.01 | 52.15 | 52.28 | 52.42 | 52.56 | 52.69 | 52.83 |
| Woodie | 50.20 | 51.15 | 51.68 | 52.63 | 53.16 | 54.11 | 54.64 |
| Fibonacci | 51.21 | 51.78 | 52.13 | 52.69 | 53.26 | 53.61 | 54.17 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.49 | 50.17 | 51.30 | 52.98 | 54.11 | 55.79 | 56.92 |
| Camarilla | 51.65 | 51.91 | 52.16 | 52.42 | 52.68 | 52.94 | 53.19 |
| Woodie | 48.21 | 50.03 | 51.02 | 52.84 | 53.83 | 55.65 | 56.64 |
| Fibonacci | 50.17 | 51.25 | 51.91 | 52.98 | 54.06 | 54.72 | 55.79 |
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): | 40.13 | |
| MACD (12,26,9): | -0.3900 | |
| Directional Movement: | -7.85 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 52.41 | |
| Parabolic SAR (0,02-0,02-0,2): | 53.83 | |
| Elder Ray (13): | -0.51 | |
| Super Trend (3,10): | 54.35 | |
| Zig ZAG (10): | 52.42 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 13.55 | |
| TEMA (21): | 52.71 | |
| Williams %R (14): | -85.27 | |
| Chande Momentum Oscillator (20): | -1.39 | |
| Repulse (5,40,3): | -0.1900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 1.20 |
| MA7: | 53.69 | |
| MA20: | 56.47 | |
| MA50: | 53.45 | |
| MA100: | 55.74 | |
| MAexp7: | 52.63 | |
| MAexp20: | 52.98 | |
| MAexp50: | 54.12 | |
| MAexp100: | 55.06 | |
| Price / MA7: | -3.39% | |
| Price / MA20: | -8.15% | |
| Price / MA50: | -2.96% | |
| Price / MA100: | -6.94% | |
| Price / MAexp7: | -1.44% | |
| Price / MAexp20: | -2.10% | |
| Price / MAexp50: | -4.16% | |
| Price / MAexp100: | -5.79% |
Quotes :
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15 min delayed data
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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.
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