CARNIVAL CORP (CCL) Stock Technical Analysis
NYSE:CCL • PA1436583006
Taking everything into account, CCL scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, CCL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- CCL is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry. CCL outperforms 91% of them.
- CCL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CCL is lagging the market slightly.
- In the last month CCL has a been trading in the 28.62 - 34.03 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- CCL has an average volume of 20784400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that CCL is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CCL has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 30.80, a Stop Loss order could be placed below this zone.
More info and screens
25.81
5 important support areas can be observed.
- A support zone ranging from 30.22 to 30.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.33 from a trend line in the weekly time frame.
- Support @28.55 from a horizontal line in the weekly time frame.
- Support @28.02 from a horizontal line in the daily time frame.
- Support @26.07 from a trend 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 | NEUTRAL | NEUTRAL | The short term trend for CCL is neutral. |
| ChartMill Relative Strength | 83.22 | POSITIVE | CCL has a high relative strength, it outperformed 83.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CCL is below 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) | 51.67 | NEUTRAL | The RSI value for CCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests CCL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.62 | NEUTRAL | The Stochastics value for CCL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.78 | MEDIUM VOLATILITY | The ATR as a percentage value for CCL suggests some volalility. |
| Average Directional Index/ADX (14) | 25.39 | POSITIVE | The high ADX value value for CCL suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 33.76 | 30.21 | 3.55 (10.52%) | 9.51% |
| An entry @33.76. This is a Buy Stop order right above the 10 day high. | An exit @30.21. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.55 points, which is 10.52%. | When investing 9.51% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
31.7
+0.09 (+0.28%)
CARNIVAL CORP / CCL FAQ
What is the ChartMill technical rating of CARNIVAL CORP (CCL) stock?
ChartMill assigns a technical rating of 8 / 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 51.667. This indicates that the stock is currently neutral.
What is the support and resistance level for CCL stock?
CARNIVAL CORP (CCL) has a support level at 30.8. Check the full technical report for our detailed analysis of CCL support and resistance levels.