Celsius Holdings (CELH) Technical Analysis

Celsius Holdings Inc (CELH) is a company that specializes in producing and marketing functional beverages. In this technical analysis, we will be looking at various indicators to assess the stock's performance and potential future movements. One key indicator is the Relative Strength Index (RSI), which measures the strength and speed of a stock's price movement. A high RSI indicates an overbought condition, while a low RSI suggests an oversold condition. By analyzing the RSI of CELH, we can gain insight into whether the stock is overbought or oversold, helping us make informed investment decisions.

Another useful indicator is the Average Directional Index (ADX), which measures the strength of a stock's trend. A high ADX value suggests a strong trend, while a low value indicates a weak trend. By monitoring the ADX of CELH, we can identify potential trend reversals or confirm the continuation of an existing trend. This information can be invaluable for investors looking to capitalize on the stock's price movements.