Celsius Holdings Enters Oversold Territory: RSI Hits 29.1

Celsius Holdings (CELH) stocks show fear signals with an RSI of 29.1, indicating oversold conditions. Investors might find this an attractive buying opportunity as recent selling pressure begins to exhaust. Heavy trading positions might come into play for bullish investors.

Date: 04-02-2025

AI Rating: 6

RSI Analysis
According to the report, Celsius Holdings Inc. has recently experienced heavy selling activity leading to its RSI dropping to 29.1. This falls into the oversold territory as it is below the 30 threshold, indicating that the stock may be undervalued at this price point.

This technical indicator suggests a potential buying opportunity for investors who follow Buffett's advice of being greedy when others are fearful. An RSI reading of 29.1 implies that the stock could rebound, as the recent selling pressure is likely abating.

52-Week Range
The report additionally mentions CELH's 52-week trading range, with a low point of $23.045 and a high of $99.6199. The last traded price of $23.14 is near its low, which can further reinforce the argument for a potential rise in stock price should investor sentiment shift positively.

Stocks: CELH