ROYAL CARIBBEAN CRUISES LTD (RCL) Stock Technical Analysis
NYSE:RCL - New York Stock Exchange, Inc. - LR0008862868 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to RCL. 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, RCL did better than 95% of all other stocks. On top of that, RCL also shows a nice and consistent pattern of rising prices.
RCL is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 93% of 133 stocks in the same industry.
A new 52 week high is currently being made by RCL, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month RCL has a been trading in the 252.85 - 310.88 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
RCL has an average volume of 2272410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although RCL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
171.43
312.61
When analyzing the support we can see 3 important areas.
- A support zone ranging from 272.28 to 276.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @193.39 from a trend line in the weekly time frame.
- Support @173.16 from a horizontal line in the daily 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 | 95.8 | POSITIVE | RCL has a high relative strength, it outperformed 95.8% 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) | 79.53 | OVERBOUGHT | The high RSI value suggests RCL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.54 | POSITIVE | The MACD value suggests RCL has a positive trend. |
| Stochastics (14,3) | 97.41 | OVERBOUGHT | The high Stochastics value suggests RCL may be overbought. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for RCL suggests some volalility. |
| Average Directional Index/ADX (14) | 32.51 | 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)
309.51
+13.62 (+4.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg4.6%
1 Week13.63%
2 Weeks16.48%
1 Month21.64%
3 Month49.1%
6 Month33%
12 Month94.14%
2 Year198.35%
3 Year786.59%
5 Year515.33%
10 Year293.33%
15 Year1259.29%
Volatility
ATR(14)8.62
ATR(20)%2.57%
ATR Inc78.81%
Range Today15.33
ADR(20)7.17
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
CRS95.8
Mansfield3.56
10 Day High310.88
10 Day Low255.6
20 Day High310.88
20 Day Low252.85
52 Week High310.88
52 Week Low130.08
CS1 End276.92
CR1 StartN/A
Volume & EV
DER(3)-0.01%
DER(5)-0.38%
Volume12.06M
Volume Incr139.27%
Vol(5)4.82M
Vol(50)2.27M