CARNIVAL CORP (CCL) Technical Analysis
NYSE:CCL • PA1436583006
Current stock price
CCL Technical Rating and Analysis
Taking everything into account, CCL scores 1 out of 10 in our technical rating. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month CCL has a been trading in the 23.47 - 29.75 range, which is quite wide. It is currently trading near the lows of this range.
- CCL has an average volume of 24985600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, CCL outperforms 50% of them, which is more or less in line with the market.
- CCL is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 65% of 126 stocks in the same industry.
- 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 Weekly and Daily overview Charts
CCL Setup Rating and Analysis
CCL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 23.99, a Stop Loss order could be placed below this zone.
More info and screens
CCL Support and Resistance Analysis
18.90
2 important support areas can be observed.
- A support zone ranging from 23.92 to 23.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.09 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 25.71 to 25.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @30.62 from a trend line in the daily time frame.
CCL Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for CCL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CCL is down. |
| ChartMill Relative Strength | 50.86 | 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) | DOWN | NEGATIVE | The current price of CCL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.86 | NEUTRAL | The RSI value for CCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests CCL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.23 | NEUTRAL | The Stochastics value for CCL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.27 | HIGH VOLATILITY | The high ATR as a percentage value for CCL suggests high volalility. |
| Average Directional Index/ADX (14) | 37.94 | POSITIVE | The high ADX value value for CCL suggests a strong trend. |
CCL Chart- and CandleStick Pattern Analysis
CCL Technicals: Chart, Performance Metrics, Trend & Indicators
24.19
-1.09 (-4.31%)
CARNIVAL CORP / CCL TA 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 current trend direction of CARNIVAL CORP (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 36.8627. 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 sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for CARNIVAL CORP?
CARNIVAL CORP (CCL) has a support level at 23.99 and a resistance level at 25.71. Check the full technical report for our detailed analysis of CCL support and resistance levels.