RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CCL
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Stronger technical forecast for Carnival stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 08, 2024 Gain 5.01% PDF

The Carnival stock price gained 0.94% on the last trading day (Wednesday, 27th Mar 2024), rising from $17.03 to $17.19. During the last trading day the stock fluctuated 9.34% from a day low at $16.17 to a day high of $17.68. The price has risen in 6 of the last 10 days and is up by 3.24% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 50 million more shares were traded than the day before. In total, 113 million shares were bought and sold for approximately $1.94 billion.

The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $17.53 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -6.09% during the next 3 months and, with a 90% probability hold a price between $13.38 and $16.47 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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CCL Signals & Forecast

Mostly positive signals in the chart today. The Carnival stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $16.91 and $15.91. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 21, 2024, and so far it has risen 16.86%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Carnival stock

Carnival finds support from accumulated volume at $17.03 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.51 between high and low, or 9.34%. For the last week, the stock has had daily average volatility of 4.27%.

Our recommended stop-loss: $16.53 (-3.83%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 25 days ago.)

Trading Expectations (CCL) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Carnival Corporation to open at $17.01, and during the day (based on 14 day Average True Range), to move between $16.57 and $17.81, which gives a possible trading interval of +/-$0.622 (+/-3.62%) up or down from last closing price. If Carnival Corporation takes out the full calculated possible swing range there will be an estimated 7.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $17.28 (0.52%) than the support at $17.03 (0.93%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Carnival Corporation stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 2.848 Buy Candidate Upgraded

Predicted Opening Price for Carnival Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$17.01 ( 1.03%) $17.19

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CCL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 18.52 7.76 %
R2 17.95 4.40 %
R1 17.59 2.33 %
Current price: 17.19
Support S1 16.44 -4.38 %
S2 16.08 -6.46 %
S3 15.50 -9.81 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 17.33 0.81 %
R2 17.29 0.582 %
R1 17.28 0.524 %
Current price 17.19
Support S1 17.03 -0.93%
S2 16.47 -4.19%
S3 15.83 -7.91%

CCL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 16, 2020 Feb 20, 2020 Mar 13, 2020 $0.500 2.84%
2 Oct 14, 2019 Nov 21, 2019 Dec 13, 2019 $0.500 1.05%
3 Jul 11, 2019 Aug 22, 2019 Sep 13, 2019 $0.500 0.99%
4 Apr 18, 2019 May 23, 2019 Jun 14, 2019 $0.500 0.94%
5 Jan 17, 2019 Feb 21, 2019 Mar 15, 2019 $0.500 0.88%

FAQ

What is the symbol for Carnival Stock and on which exchange is it traded?
The symbol for Carnival is CCL and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Carnival Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Carnival Stock?
Carnival Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Carnival Stock.

What's the current price of Carnival Stock?
As of the end of day on the 2024-03-27, the price of an Carnival (CCL) share was $17.19.

What is the 52-week high and low for Carnival Stock?
The 52-week high for Carnival Stock is $19.74 and the 52-week low is $8.70.

What is the market capitalization of Carnival Stock?
As of the 2024-03-27, the market capitalization of Carnival is 21.562B.

When is the next earnings date for Carnival?
The upcoming earnings date for Carnival is Jun 24, 2024.
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About Carnival Corporation

Carnival Carnival Corporation & plc operates as a leisure travel company. Its ships visit approximately 700 ports under the Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard brand names. The company also provides port destinations and other services, as well as owns and owns and operates hotels, lodges, glass-domed railcars, and motor coaches. It sells... CCL Profile

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