CELSIUS HOLDINGS INC. - 1H - Technical analysis published on 02/06/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 51.72 USD
My targets
56.53 USD (+4.01%)
58.15 USD (+6.99%)
My analysis
CELSIUS HOLDINGS INC. is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 51.72 USD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 56.53 USD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 58.15 USD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 59.76 USD. Beware of a possible return to under the support located at 51.72 USD which would be the sign of a correction of the bullish excesses registered in the short term.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.6
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Additional analysis
Quotes
The CELSIUS HOLDINGS INC. rating is 54.35 USD. The price has increased by +2.14% since the last closing and was traded between 53.04 USD and 54.44 USD over the period. The price is currently at +2.47% from its lowest and -0.17% from its highest.53.04
54.44
54.35
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
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 CELSIUS HOLDINGS INC. in 1H shows an overall slightly bullish trend. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Three white soldiers
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 50.77 | 51.72 | 54.09 | 54.35 | 58.15 | 59.76 | 62.05 |
| Change (%) | -6.59% | -4.84% | -0.48% | - | +6.99% | +9.95% | +14.17% |
| Change | -3.58 | -2.63 | -0.26 | - | +3.80 | +5.41 | +7.70 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.32 | 49.30 | 51.26 | 52.24 | 54.20 | 55.18 | 57.14 |
| Camarilla | 52.40 | 52.67 | 52.94 | 53.21 | 53.48 | 53.75 | 54.02 |
| Woodie | 48.80 | 49.55 | 51.74 | 52.49 | 54.68 | 55.43 | 57.62 |
| Fibonacci | 49.30 | 50.43 | 51.12 | 52.24 | 53.37 | 54.06 | 55.18 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 46.28 | 47.87 | 50.61 | 52.20 | 54.94 | 56.53 | 59.27 |
| Camarilla | 52.16 | 52.56 | 52.95 | 53.35 | 53.75 | 54.14 | 54.54 |
| Woodie | 46.86 | 48.16 | 51.19 | 52.49 | 55.52 | 56.82 | 59.85 |
| Fibonacci | 47.87 | 49.52 | 50.55 | 52.20 | 53.85 | 54.88 | 56.53 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32.97 | 41.21 | 45.56 | 53.80 | 58.15 | 66.39 | 70.74 |
| Camarilla | 46.44 | 47.59 | 48.75 | 49.90 | 51.05 | 52.21 | 53.36 |
| Woodie | 31.02 | 40.24 | 43.61 | 52.83 | 56.20 | 65.42 | 68.79 |
| Fibonacci | 41.21 | 46.02 | 48.99 | 53.80 | 58.61 | 61.58 | 66.39 |
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): | 61.16 | |
| MACD (12,26,9): | 0.2400 | |
| Directional Movement: | 9.78 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 52.28 | |
| Parabolic SAR (0,02-0,02-0,2): | 50.29 | |
| Elder Ray (13): | 0.69 | |
| Super Trend (3,10): | 53.25 | |
| Zig ZAG (10): | 53.21 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 68.86 | |
| TEMA (21): | 52.63 | |
| Williams %R (14): | -16.57 | |
| Chande Momentum Oscillator (20): | 0.23 | |
| Repulse (5,40,3): | 3.1100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 2.98 |
| MA7: | 51.86 | |
| MA20: | 55.09 | |
| MA50: | 53.46 | |
| MA100: | 54.83 | |
| MAexp7: | 52.36 | |
| MAexp20: | 52.01 | |
| MAexp50: | 52.16 | |
| MAexp100: | 53.05 | |
| Price / MA7: | +4.80% | |
| Price / MA20: | -1.34% | |
| Price / MA50: | +1.66% | |
| Price / MA100: | -0.88% | |
| Price / MAexp7: | +3.80% | |
| Price / MAexp20: | +4.50% | |
| Price / MAexp50: | +4.20% | |
| Price / MAexp100: | +2.45% |
Quotes :
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15 min delayed data
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News
Don't forget to follow the news on CELSIUS HOLDINGS INC.. At the time of publication of this analysis, the latest news was as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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