CARNIVAL PLC-ADR (CUK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CUK - US14365C1036 - ADR
We assign a technical rating of 9 out of 10 to CUK. Both in the recent history as in the last year, CUK has proven to be a steady performer, scoring decent points in every aspect analyzed.
CUK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 30.32, a Stop Loss order could be placed below this zone.
More info and screens
16.42
We found 4 important support areas.
- A support zone ranging from 29.95 to 30.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.18 from a trend line in the daily time frame.
- Support @23.39 from a trend line in the daily time frame.
- Support @16.59 from a trend line in the weekly 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 CUK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CUK is up. |
| ChartMill Relative Strength | 89.05 | POSITIVE | CUK has a high relative strength, it outperformed 89.05% 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) | 68.51 | NEUTRAL | The RSI value for CUK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests CUK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.26 | NEUTRAL | The Stochastics value for CUK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for CUK suggests some volalility. |
| Average Directional Index/ADX (14) | 44 | 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 |
|---|---|---|---|
| 32.66 | 29.94 | 2.72 (8.33%) | 12.01% |
| An entry @32.66. This is a Buy Stop order right above the 10 day high. | An exit @29.94. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.72 points, which is 8.33%. | For a 1.00% total portfolio risk, you can invest 12.01% of your capital in this trade. |
- 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.
30.33
-0.31 (-1.01%)
CARNIVAL PLC-ADR / CUK FAQ
What is the ChartMill technical rating of CARNIVAL PLC-ADR (CUK) stock?
ChartMill assigns a technical rating of 9 / 10 to CUK.
What is the trend direction for CUK stock?
The current trend direction for CARNIVAL PLC-ADR (CUK) is Bullish.
What is the RSI signal for CARNIVAL PLC-ADR (CUK) stock?
CARNIVAL PLC-ADR (CUK) has an RSI value of 68.509. This indicates that the stock is currently neutral.
What is the MACD signal for CUK stock?
The MACD indicator for CARNIVAL PLC-ADR (CUK) has a value of 0.352385, indicating a bearish trend.
What is the buy/sell signal for CUK stock?
The buy/sell signal for CARNIVAL PLC-ADR (CUK) is buy as both the short term and long term trends are positive.