CARNIVAL CORP (CCL) Stock Technical Analysis
NYSE:CCL - New York Stock Exchange, Inc. - PA1436583006 - Common Stock - Currency: USD
Taking everything into account, CCL scores 9 out of 10 in our technical rating. CCL has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CCL is one of the better performing stocks in the market, outperforming 92% of all stocks.
CCL is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 87% of 133 stocks in the same industry.
CCL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CCL is performing more or less in line with the market.
In the last month CCL has a been trading in the 21.55 - 24.66 range, which is quite wide. It is currently trading near the high of this range.
CCL has an average volume of 24654900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although CCL has an excellent technical rating, the quality of the presented setup is not ideal 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
16.49
24.52
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.04 to 22.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.22 from a trend line in the weekly time frame.
- Support @16.66 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @24.28 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for CCL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCL is up. |
| ChartMill Relative Strength | 92.41 | POSITIVE | CCL has a high relative strength, it outperformed 92.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CCL is above the rising 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) | 68.14 | NEUTRAL | The RSI value for CCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CCL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.1 | OVERBOUGHT | The high Stochastics value suggests CCL may be overbought. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for CCL suggests some volalility. |
| Average Directional Index/ADX (14) | 33.12 | POSITIVE | The high ADX value value for CCL suggests a strong 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)
24.21
-0.07 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.29%
1 Week2.85%
2 Weeks8.81%
1 Month19.91%
3 Month21.54%
6 Month-6.53%
12 Month57.82%
2 Year28.57%
3 Year179.88%
5 Year47.44%
10 Year-50.98%
15 Year-19.94%
Volatility
ATR(14)0.66
ATR(20)%3%
ATR Inc-40.73%
Range Today0.5
ADR(20)0.59
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.41
Mansfield1.02
10 Day High24.66
10 Day Low22.59
20 Day High24.66
20 Day Low21.55
52 Week High28.72
52 Week Low13.78
CS1 End22.08
CR1 Start24.28
Volume & EV
DER(3)-0.53%
DER(5)0.67%
Volume17.92M
Volume Incr-8.47%
Vol(5)20.18M
Vol(50)24.65M