RCL Technical Analysis - ROYAL CARIBBEAN CRUISES LTD

Technical Rating and Analysis

We assign a technical rating of 5 out of 10 to RCL. In the last year, RCL was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month RCL has a been trading in the 311.27 - 360.09 range, which is quite wide. It is currently trading near the lows of this range.

RCL is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 90% of 135 stocks in the same industry.

RCL 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 RCL is lagging the market slightly.

RCL has an average volume of 2046550 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 RCL is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, RCL also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 4 months ago.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

ROYAL CARIBBEAN CRUISES LTD / RCL Weekly stock chart

ROYAL CARIBBEAN CRUISES LTD / RCL Daily stock chart

Setup Rating and Analysis

RCL has an average technical rating and the quality of the presented setup is also not ideal 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

204.89

334.64

When analyzing the support we can see 2 important areas.

A support zone ranging from 314.04 to 314.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @206.96 from a trend line in the weekly time frame.

We found 1 important resistance area.

A resistance zone ranging from 329.61 to 331.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

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Technical Indicator Signal Analysis

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	DOWN	NEGATIVE	The short term trend for RCL is down.
ChartMill Relative Strength	87.27	POSITIVE	RCL has a high relative strength, it outperformed 87.27% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of RCL is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of RCL is below a declining 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)	36.76	NEUTRAL	The RSI value for RCL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-1.89	NEGATIVE	The MACD value suggests RCL has a negative trend.
Stochastics (14,3)	16.82	OVERSOLD	The low Stochastics value suggests RCL may be oversold.
Average True Range in percent/ATR (20)	3.39	MEDIUM VOLATILITY	The ATR as a percentage value for RCL suggests some volalility.
Average Directional Index/ADX (14)	17.57	NEGATIVE	The low ADX value for RCL suggests a weak or negative trend.