Celsius Holdings Shares Drop 5.4% as $330M Volume Surge Sends It to 356th in Market Activity Rank

On August 5, 2025, Celsius Holdings (CELH) closed at $42.74, a 5.40% decline, with a trading volume of $330 million, marking a 72.79% surge from the prior day and ranking 356th in market activity. The stock’s intraday range of $2.60 (6.09%) highlighted heightened volatility, though it remains down 3.61% over 10 days.

Technical analysis indicates conflicting signals, including a sell signal from short- and long-term moving averages and a buy signal from the 3-month MACD. Key resistance levels at $45.56 and $45.21 are critical for near-term direction, while support is seen at $42.28. Analysts note increased risk as volume rose on declining prices, suggesting potential for further downward correction until a new pivot bottom is established.

Celsius Holdings is set to release Q2 earnings on August 7, with a consensus EPS estimate of $0.230. Historical data suggests a potential 11.77% swing in the first trading day post-earnings, though analysts have downgraded their outlook to a "Sell candidate" due to technical weaknesses. The stock is projected to open at $43.55 on August 6, with an expected intraday range of $1.65 (3.93%), favoring a short-term bearish bias given its proximity to key support levels.

The strategy of purchasing the top 500 stocks by daily trading volume and holding them for one day delivered a 166.71% return from 2022 to the present, outperforming the benchmark return of 29.18% by 137.53%. This underscores the role of liquidity concentration in short-term stock performance, particularly in volatile markets.