Celsius Holding Technical Analysis (NASDAQ:CELH)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The CELH stock chart pattern can give those who understand technical analysis an indication of which way CELH stock is headed, but cannot predict with 100% certainty as to what can happen to the Celsius Holding stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Celsius Holding. Technical analysis uses an approach for Celsius Holding stock analysis that does not care for the fair value of a company but uses price and volume data only.
Celsius Holding Moving Average
Moving averages help predict the price direction of CELH stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $5.33 is above the price of $5.13.
Celsius Holding Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the CELH stock. Currently the stock price of $5.13 is in the lower range of Celsius Holding bollinger bands.
Celsius Holding Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Celsius Holding MACD line is below the signal line.
Celsius Holding Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 40.8 is the RSI value of CELH stock.