CARNIVAL CORP (CCL) Technical Analysis
NYSE:CCL • PA1436583006
Current stock price
CCL Technical Rating and Analysis
Taking everything into account, CCL scores 6 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.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- CCL is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry. CCL outperforms 83% 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 23.66 - 30.16 range, which is quite wide. It is currently trading near the high of this range.
- CCL has an average volume of 26842300 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 81% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
CCL Weekly and Daily overview Charts
CCL Setup Rating and Analysis
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
CCL Support and Resistance Analysis
19.06
4 important support areas can be observed.
- A support zone ranging from 27.31 to 28.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.75 from a trend line in the weekly time frame.
- Support @23.92 from a horizontal line in the daily time frame.
- Support @19.25 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 29.23 to 29.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for CCL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CCL is up. |
| ChartMill Relative Strength | 81.75 | POSITIVE | CCL has a high relative strength, it outperformed 81.75% 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) | DOWN | MIXED | The current price of CCL is above 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) | 59.04 | NEUTRAL | The RSI value for CCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests CCL has a positive trend. |
| Stochastics (14,3) | 82.1 | OVERBOUGHT | The high Stochastics value suggests CCL may be overbought. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for CCL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.17 | NEUTRAL | The ADX value for CCL suggests a possible start of a new trend. |
CCL Chart- and CandleStick Pattern Analysis
CCL Technicals: Chart, Performance Metrics, Trend & Indicators
29.22
+1.91 (+6.99%)
CARNIVAL CORP / CCL TA 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 Bearish.
Can you provide the RSI signal for CARNIVAL CORP?
CARNIVAL CORP (CCL) has an RSI value of 59.037. This indicates that the stock is currently neutral.
What is the short term momentum for CCL stock?
The short term momentum for CARNIVAL CORP (CCL) is positive.