NORWEGIAN CRUISE LINE HOLDIN (NCLH) Stock Technical Analysis
NYSE:NCLH • BMG667211046
We assign a technical rating of 5 out of 10 to NCLH. In the past year, NCLH was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- NCLH is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 82% of 126 stocks in the same industry.
- NCLH 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 NCLH is lagging the market slightly.
- In the last month NCLH has a been trading in the 20.33 - 24.46 range, which is quite wide. It is currently trading near the high of this range.
- NCLH has an average volume of 19867400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Looking at the yearly performance, NCLH did better than 73% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- Volume is considerably higher in the last couple of days.
NCLH has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.92, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
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7 important support areas can be observed.
- Support @23.92 from a horizontal line in the daily time frame.
- A support zone ranging from 21.49 to 22.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.93 from a horizontal line in the weekly time frame.
- Support @19.19 from a trend line in the weekly time frame.
- Support @17.78 from a horizontal line in the daily time frame.
- Support @17.22 from a horizontal line in the daily time frame.
- Support @15.75 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @24.32 from a horizontal line in the daily time frame.
- Resistance @25.43 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 | NEUTRAL | NEUTRAL | The long term trend for NCLH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NCLH is neutral. |
| ChartMill Relative Strength | 73.12 | POSITIVE | NCLH has a high relative strength, it outperformed 73.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NCLH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NCLH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NCLH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.27 | NEUTRAL | The RSI value for NCLH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests NCLH has a positive trend. |
| Stochastics (14,3) | 63.24 | NEUTRAL | The Stochastics value for NCLH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for NCLH suggests high volalility. |
| Average Directional Index/ADX (14) | 27.23 | POSITIVE | The high ADX value value for NCLH suggests a strong trend. |
24.1
+2.61 (+12.15%)
NORWEGIAN CRUISE LINE HOLDIN / NCLH FAQ
What is the ChartMill technical rating of NORWEGIAN CRUISE LINE HOLDIN (NCLH) stock?
ChartMill assigns a technical rating of 5 / 10 to NCLH.
Can you provide the trend direction for NORWEGIAN CRUISE LINE HOLDIN?
The current trend direction for NORWEGIAN CRUISE LINE HOLDIN (NCLH) is Bearish.
Can you provide the RSI signal for NORWEGIAN CRUISE LINE HOLDIN?
NORWEGIAN CRUISE LINE HOLDIN (NCLH) has an RSI value of 57.2725. This indicates that the stock is currently neutral.
What is the short term momentum for NCLH stock?
The short term momentum for NORWEGIAN CRUISE LINE HOLDIN (NCLH) is neutral.