CARNIVAL CORP (CCL) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:CCL • PA1436583006
We assign a technical rating of 6 out of 10 to CCL. CCL has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The long and short term trends are both positive. This is looking good!
- CCL is part of the Hotels, Restaurants & Leisure industry. There are 132 other stocks in this industry. CCL outperforms 84% of them.
- CCL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month CCL has a been trading in the 27.76 - 33.15 range, which is quite wide. It is currently trading near the high of this range.
- CCL has an average volume of 21067200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, CCL did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CCL has an average technical rating and it also does not offer a high quality setup 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
18.40
5 important support areas can be observed.
- A support zone ranging from 29.08 to 29.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.51 to 28.55. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @28.02 from a horizontal line in the daily time frame.
- Support @26.94 from a trend line in the daily time frame.
- Support @18.59 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 31.89 to 32.50. This zone is formed by a combination of multiple trend lines 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 | 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 | 79.16 | POSITIVE | CCL has a high relative strength, it outperformed 79.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CCL is above a declining 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) | 57.39 | NEUTRAL | The RSI value for CCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests CCL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.45 | NEUTRAL | The Stochastics value for CCL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for CCL suggests some volalility. |
| Average Directional Index/ADX (14) | 30.39 | POSITIVE | The high ADX value value for CCL suggests a strong trend. |
31.45
-0.64 (-1.99%)
CARNIVAL CORP / CCL FAQ
What is the ChartMill technical rating of CARNIVAL CORP (CCL) stock?
ChartMill assigns a technical rating of 6 / 10 to CCL.
What is the current trend direction of CARNIVAL CORP (CCL) stock?
The current trend direction for CARNIVAL CORP (CCL) is Bullish.
What is the RSI signal for CARNIVAL CORP (CCL) stock?
CARNIVAL CORP (CCL) has an RSI value of 57.3854. This indicates that the stock is currently neutral.
What is the buy/sell signal for CCL stock?
The buy/sell signal for CARNIVAL CORP (CCL) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for CARNIVAL CORP?
CARNIVAL CORP (CCL) has a support level at 29.55 and a resistance level at 31.89. Check the full technical report for our detailed analysis of CCL support and resistance levels.