ROYAL CARIBBEAN CRUISES LTD (RCL) Stock Technical Analysis
NYSE:RCL - New York Stock Exchange, Inc. - LR0008862868 - Common Stock - Currency: USD
Overall RCL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RCL is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, RCL did better than 96% of all other stocks. On top of that, RCL also shows a nice and consistent pattern of rising prices.
RCL is part of the Hotels, Restaurants & Leisure industry. There are 131 other stocks in this industry. RCL outperforms 97% of them.
RCL is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month RCL has a been trading in the 279.57 - 355.91 range, which is quite wide. It is currently trading near the high of this range.
RCL has an average volume of 2313920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, RCL also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
196.55
356.37
When analyzing the support we can see 3 important areas.
- Support @305.00 from a trend line in the daily time frame.
- A support zone ranging from 288.06 to 291.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @198.54 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 RCL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RCL is up. |
| ChartMill Relative Strength | 96.53 | POSITIVE | RCL has a high relative strength, it outperformed 96.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RCL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RCL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RCL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.52 | OVERBOUGHT | The high RSI value suggests RCL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.59 | NEGATIVE | The MACD value suggests RCL has a negative trend. |
| Stochastics (14,3) | 88.21 | OVERBOUGHT | The high Stochastics value suggests RCL may be overbought. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for RCL suggests some volalility. |
| Average Directional Index/ADX (14) | 50.42 | POSITIVE | The high ADX value value for RCL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 355.92 | 333.73 | 22.19 (6.23%) | 16.04% |
| An entry @355.92. This is a Buy Stop order right above the 10 day high. | An exit @333.73. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 22.19 points, which is 6.23%. | When investing 16.04% 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.
352.84
+4.3 (+1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.23%
1 Week4.01%
2 Weeks5.78%
1 Month25.8%
3 Month66.46%
6 Month52.02%
12 Month129.77%
2 Year223.38%
3 Year811.5%
5 Year624.37%
10 Year292.7%
15 Year1122.59%
Volatility
ATR(14)7.91
ATR(20)%2.42%
ATR Inc18.48%
Range Today5.44
ADR(20)8.18
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.53
Mansfield4.24
10 Day High355.91
10 Day Low333.74
20 Day High355.91
20 Day Low279.57
52 Week High355.91
52 Week Low130.08
CS1 End305
CR1 StartN/A
Volume & EV
DER(3)2.75%
DER(5)2.21%
Volume2.09M
Volume Incr-39.59%
Vol(5)1.77M
Vol(50)2.31M