What's today's forecast for Celsius

Celsius Holdings Inc. (CELH) is expected to experience a bearish price trend today. Here's the analysis to support this forecast:

1. Earnings Report: CELH's earnings per share (EPS) are projected to be $0.20 for the upcoming quarter, reflecting a 25.93% decrease from the same quarter last year. This decline in EPS could contribute to a negative market sentiment.
2. Support and Resistance Levels: The stock is currently positioned between narrow resistance and wide resistance levels, indicating a potential price swing. The forecast suggests a bearish trend, with a sell advice and a historical win rate of 58.73% for this type of forecast.

3. Trend Forecast: The time series price trend forecast indicates a bullish trend that has lasted for 45 days, with an 80% probability of continuation. However, the unconditioned trend shows that there is a 70% probability of the trend reversing in the next 10 days, which aligns with the forecast of a bearish trend today.

4. Price Forecast: The trend similarity-based price forecast for April 17, 2025, is $37.43, with a 34% confidence interval ranging from $36.58 to $37.86. This suggests that the stock may have some upward movement, but the overall trend is expected to be downward.

5. Market Performance: CELH has experienced a recent decline of 1.15%, and the stock has lagged the S&P 500's performance in the latest market close. This recent underperformance could contribute to a continued bearish trend.

In conclusion, despite some potential for a price swing, the overall forecast for CELH today is bearish, with a sell advice and a higher probability of the stock moving downward than upward. Investors should be cautious and consider these factors when making trading decisions for CELH.