CARNIVAL CORP (CCL) Stock Technical Analysis
USA - NYSE:CCL - PA1436583006 - Common Stock
26.73 USD
+0.36 (+1.37%)
26.76 USD
+0.03 (+0.11%)
We assign a technical rating of 1 out of 10 to CCL. CCL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month CCL has a been trading in the 25.91 - 30.37 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
CCL is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 74% of 132 stocks in the same industry.
CCL has an average volume of 22440100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, CCL outperforms 54% of them, which is more or less in line with the market.
CCL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CCL is lagging the market slightly.
CCL has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
17.80
30.30
We found 2 important support areas.
- A support zone ranging from 26.11 to 26.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.98 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 28.36 to 30.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CCL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CCL is down. |
| ChartMill Relative Strength | 54.68 | NEUTRAL | CCL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CCL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.77 | NEUTRAL | The RSI value for CCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests CCL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.97 | OVERSOLD | The low Stochastics value suggests CCL may be oversold. |
| Average True Range in percent/ATR (20) | 4.08 | MEDIUM VOLATILITY | The ATR as a percentage value for CCL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.77 | NEGATIVE | The low ADX value for CCL suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
26.73
+0.36 (+1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.37%
1 Week-7.28%
2 Weeks-9.08%
1 Month-3.47%
3 Month-5.78%
6 Month32.39%
12 Month11.05%
2 Year77.49%
3 Year169.18%
5 Year33.78%
10 Year-47.1%
15 Year-35.29%
Volatility
ATR(14)1.13
ATR(20)%4.08%
ATR Inc-16.31%
Range Today1.12
ADR(20)0.94
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.68
3 months CRS22.21
6 months CRS83.29
Mansfield-0.47
10 Day High29.89
10 Day Low25.91
20 Day High30.37
20 Day Low25.91
52 Week High32.8
52 Week Low15.07
CS1 End26.72
CR1 Start28.36
Volume & EV
DER(3)-0.54%
DER(5)-0.26%
Volume18.93M
Volume Incr11.87%
Vol(5)23.61M
Vol(50)22.44M
CARNIVAL CORP / CCL FAQ
What is the ChartMill technical rating of CARNIVAL CORP (CCL) stock?
ChartMill assigns a technical rating of 1 / 10 to CCL.
What is the trend direction for CCL stock?
The current trend direction for CARNIVAL CORP (CCL) is Bearish.
What is the RSI signal for CARNIVAL CORP (CCL) stock?
CARNIVAL CORP (CCL) has an RSI value of 38.7658. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CARNIVAL CORP?
The short term momentum for CARNIVAL CORP (CCL) is negative.