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Do Traders Think Celsius Holdings, Inc. (CELH) Can Turn Around Thursday?

Thursday, May 13, 2021 09:53 AM | InvestorsObserver Analysts
Do Traders Think Celsius Holdings, Inc. (CELH) Can Turn Around Thursday?

Overall market sentiment has been down on Celsius Holdings, Inc. (CELH) stock lately. CELH receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.

Sentiment Score - ,bearish
Celsius Holdings, Inc. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CELH!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.

As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.

Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.

InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.

Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With CELH Stock Today?

Celsius Holdings, Inc. (CELH) stock is trading at $47.31 as of 9:51 AM on Thursday, May 13, a gain of $1.18, or 2.56% from the previous closing price of $46.13. The stock has traded between $46.61 and $51.90 so far today. Volume today is less active than usual. So far 90,637 shares have traded compared to average volume of 891,061 shares.

To see the top 5 stocks in the Beverages - Non-Alcoholic industry click here.

More About Celsius Holdings, Inc.

Celsius Holdings Inc engages in the development, marketing, sale, and distribution of functional calorie-burning beverages. It offers flavours including cola, orange, wild berry and lemon iced tea and non-carbonated flavours such as Raspberry Acai Green Tea and Peach Mango Green Tea under the Celsius brand name. The company distributes its products through direct-store-delivery distributors, as well as directly to retailers across various retail segments, including supermarkets, convenience stores, drug stores, nutritional stores, mass merchants, health clubs, spas, gyms, military, and e-commerce websites.

Click Here to get the full Stock Score Report on Celsius Holdings, Inc. (CELH) Stock.

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