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 9 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 303.99 - 355.91 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, RCL did better than 95% of all other stocks. We also observe that the gains produced by RCL over the past year are nicely spread over this period.
RCL is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 96% of 131 stocks in the same industry.
RCL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RCL is performing more or less in line with the market.
RCL has an average volume of 2460670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although RCL has an excellent technical rating, it 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
197.83
356.38
2 important support areas can be observed.
- A support zone ranging from 314.24 to 314.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @199.83 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 352.81 to 352.85. 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 RCL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RCL is neutral. |
| ChartMill Relative Strength | 95.96 | POSITIVE | RCL has a high relative strength, it outperformed 95.96% 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) | 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) | 41.95 | NEUTRAL | The RSI value for RCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -6.52 | NEGATIVE | The MACD value suggests RCL has a negative trend. |
| Stochastics (14,3) | 17.88 | OVERSOLD | The low Stochastics value suggests RCL may be oversold. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for RCL suggests some volalility. |
| Average Directional Index/ADX (14) | 40.87 | 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)
314.25
-3.62 (-1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-1.14%
1 Week-10.93%
2 Weeks-10.24%
1 Month-6.05%
3 Month36.66%
6 Month17.87%
12 Month126.32%
2 Year217.62%
3 Year669.28%
5 Year356.49%
10 Year256.45%
15 Year1179.52%
Volatility
ATR(14)10.5
ATR(20)%3.1%
ATR Inc96.45%
Range Today11.76
ADR(20)8.88
ADR(20)%2.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.96
Mansfield2.78
10 Day High355.91
10 Day Low303.99
20 Day High355.91
20 Day Low303.99
52 Week High355.91
52 Week Low130.08
CS1 End314.24
CR1 Start352.81
Volume & EV
DER(3)1.95%
DER(5)1.93%
Volume2.83M
Volume Incr28.5%
Vol(5)3.34M
Vol(50)2.46M