On Tuesday, Celsius Holdings received a positive adjustment to its Relative Strength (RS) Rating, from 70 to 74.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating identifies price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the best stocks tend to have an RS Rating north of 80 as they begin their biggest climbs. See if Celsius Holdings can continue to show renewed price strength and hit that benchmark.
While the stock is not near an ideal entry right now, see if it goes on to form and break out of a proper consolidation.
Earnings growth rose last quarter from -97% to -18%. But revenue gains fell from -4% to -7%.
The company holds the No. 15 rank among its peers in the Beverages-Non-Alcoholic industry group. Primo Brands, Vita Coco and Embotell Andina A ADR are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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