CELSIUS HOLDINGS INC. - 1H - Technical analysis published on 02/05/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
83%
0%
17%
My opinion
Bullish above 51.72 USD
My targets
53.03 USD (+0.68%)
54.02 USD (+2.56%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for CELSIUS HOLDINGS INC. as long as the price remains well above 51.72 USD. The buyers' bullish objective is set at 53.03 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 54.02 USD. If there is any crossing, the next objective would be the resistance located at 58.15 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 53.03 USD. On this resistance, against the trend traders who would like to go short on CELSIUS HOLDINGS INC. with a bearish signal from their trading strategy, should not hesitate to act.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.4
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This analysis was given by ppires. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CELSIUS HOLDINGS INC. rating 52.67 USD. On the day, this instrument lost -1.28% and was between 50.29 USD and 53.00 USD. This implies that the price is at +4.73% from its lowest and at -0.62% from its highest.50.29
53.00
52.67
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CELSIUS HOLDINGS INC. chart shows a slightly bearish trend. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 41.52 | 49.09 | 51.72 | 52.67 | 53.03 | 54.02 | 58.15 |
| Change (%) | -21.17% | -6.80% | -1.80% | - | +0.68% | +2.56% | +10.40% |
| Change | -11.15 | -3.58 | -0.95 | - | +0.36 | +1.35 | +5.48 |
| Level | Minor | Major | Intermediate | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.68 | 49.79 | 51.57 | 52.68 | 54.46 | 55.57 | 57.35 |
| Camarilla | 52.56 | 52.82 | 53.09 | 53.35 | 53.62 | 53.88 | 54.15 |
| Woodie | 49.02 | 49.96 | 51.91 | 52.85 | 54.80 | 55.74 | 57.69 |
| Fibonacci | 49.79 | 50.89 | 51.58 | 52.68 | 53.78 | 54.47 | 55.57 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.95 | |
| MACD (12,26,9): | 0.1500 | |
| Directional Movement: | 4.61 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 52.06 | |
| Parabolic SAR (0,02-0,02-0,2): | 53.26 | |
| Elder Ray (13): | 0.42 | |
| Super Trend (3,10): | 53.25 | |
| Zig ZAG (10): | 52.61 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 55.29 | |
| TEMA (21): | 52.36 | |
| Williams %R (14): | -32.43 | |
| Chande Momentum Oscillator (20): | 0.82 | |
| Repulse (5,40,3): | 2.3300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 3.11 |
| MA7: | 51.77 | |
| MA20: | 55.05 | |
| MA50: | 53.45 | |
| MA100: | 54.82 | |
| MAexp7: | 52.08 | |
| MAexp20: | 51.89 | |
| MAexp50: | 52.12 | |
| MAexp100: | 53.05 | |
| Price / MA7: | +1.74% | |
| Price / MA20: | -4.32% | |
| Price / MA50: | -1.46% | |
| Price / MA100: | -3.92% | |
| Price / MAexp7: | +1.13% | |
| Price / MAexp20: | +1.50% | |
| Price / MAexp50: | +1.06% | |
| Price / MAexp100: | -0.72% |
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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