CARNIVAL PLC-ADR (CUK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CUK - US14365C1036 - ADR
We assign a technical rating of 4 out of 10 to CUK. CUK has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month CUK has a been trading in the 27.63 - 32.49 range, which is quite wide. It is currently trading near the lows of this range.
- CUK is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 83% of 132 stocks in the same industry.
- CUK 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 CUK is lagging the market slightly.
- CUK has an average volume of 2000460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When comparing the yearly performance of all stocks, we notice that CUK is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CUK 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
16.55
3 important support areas can be observed.
- A support zone ranging from 27.77 to 28.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.85 from a trend line in the daily time frame.
- Support @16.72 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 31.79 to 32.01. 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 | UP | POSITIVE | The long term trend for CUK is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CUK is down. |
| ChartMill Relative Strength | 77.26 | POSITIVE | CUK has a high relative strength, it outperformed 77.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CUK is below a declining 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) | 45.68 | NEUTRAL | The RSI value for CUK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests CUK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.31 | OVERSOLD | The low Stochastics value suggests CUK may be oversold. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for CUK suggests some volalility. |
| Average Directional Index/ADX (14) | 32.79 | POSITIVE | The high ADX value value for CUK suggests a strong trend. |
28.4
+0.08 (+0.28%)
CARNIVAL PLC-ADR / CUK FAQ
What is the ChartMill technical rating of CARNIVAL PLC-ADR (CUK) stock?
ChartMill assigns a technical rating of 4 / 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 45.6804. 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 -0.552596, indicating a bearish trend.
What is the buy/sell signal for CUK stock?
The buy/sell signal for CARNIVAL PLC-ADR (CUK) is hold as the short term and long term trends are mixed.