On Friday, Celsius Holdings received a positive adjustment to its Relative Strength (RS) Rating, from 90 to 95.
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This unique rating tracks market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating at the beginning of a new run.
While Celsius Holdings is not near a proper buy point right now, see if it goes on to form and break out from a proper chart pattern.
Earnings grew 18% last quarter, up from -33% in the prior report. Revenue also increased, from -7% to 84%.
The company holds the No. 5 rank among its peers in the Beverages-Non-Alcoholic industry group. Embotell Andina A ADR is the No. 1-ranked stock 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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