CARNIVAL PLC-ADR (CUK) Stock Technical Analysis
NYSE:CUK - New York Stock Exchange, Inc. - US14365C1036 - ADR - Currency: USD
Taking everything into account, CUK scores 7 out of 10 in our technical rating. Although CUK has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Besides having an excellent technical rating, CUK also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 20.86. Right above this resistance zone may be a good entry point.
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15.21
When analyzing the support we can see 2 important areas.
- A support zone ranging from 19.92 to 20.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.36 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.86 to 21.12. 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 | NEUTRAL | NEUTRAL | The long term trend for CUK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CUK is up. |
| ChartMill Relative Strength | 90.3 | POSITIVE | CUK has a high relative strength, it outperformed 90.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CUK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CUK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CUK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.53 | NEUTRAL | The RSI value for CUK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests CUK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.52 | NEUTRAL | The Stochastics value for CUK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for CUK suggests some volalility. |
| Average Directional Index/ADX (14) | 29.03 | POSITIVE | The high ADX value value for CUK 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 |
|---|---|---|---|
| 21.13 | 19.91 | 1.22 (5.77%) | 17.32% |
| An entry @21.13. This is a Buy Stop order right above the resistance zone. | An exit @19.91. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.22 points, which is 5.77%. | When investing 17.32% 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.
20.21
+0.29 (+1.46%)