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Red day on Tuesday for Royal Caribbean Cruises stock after losing 1.42%
(Updated on Jun 11, 2024)

Buy or Hold candidate since Apr 22, 2024 Gain 16.06% PDF

The Royal Caribbean Cruises stock price fell by -1.42% on the last day (Tuesday, 11th Jun 2024) from $155.40 to $153.19. During the last trading day the stock fluctuated 1.74% from a day low at $152.28 to a day high of $154.93. The price has risen in 6 of the last 10 days and is up by 2.04% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -64 thousand shares and in total, 1 million shares were bought and sold for approximately $168.48 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 16.77% during the next 3 months and, with a 90% probability hold a price between $164.22 and $184.23 at the end of this 3-month period.

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RCL Signals & Forecast

The Royal Caribbean Cruises stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $154.31. On a fall, the stock will find some support from the long-term average at approximately $145.08. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, June 05, 2024, and so far it has fallen -2.01%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Royal Caribbean Cruises stock

On the downside, the stock finds support just below today's level from accumulated volume at $140.80 and $137.47. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Royal Caribbean Cruises finds support just below today's level at $140.80. If this is broken, then the next support from accumulated volume will be at $137.47 and $135.04.

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 $2.65 between high and low, or 1.74%. For the last week, the stock has had daily average volatility of 1.79%.

Our recommended stop-loss: $146.05 (-4.66%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 39 days ago.)

Trading Expectations (RCL) For The Upcoming Trading Day Of Wednesday 12th

For the upcoming trading day on Wednesday, 12th we expect Royal Caribbean Cruises Ltd to open at $153.47, and during the day (based on 14 day Average True Range), to move between $149.67 and $156.71, which gives a possible trading interval of +/-$3.52 (+/-2.30%) up or down from last closing price. If Royal Caribbean Cruises Ltd takes out the full calculated possible swing range there will be an estimated 4.59% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $154.55 (0.89%) than the support at $140.80 (8.09%), 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 Royal Caribbean Cruises Ltd stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Royal Caribbean Cruises stock to perform well in the short-term.

Current score: 1.241 Buy Candidate Unchanged

Predicted Opening Price for Royal Caribbean Cruises Ltd of Wednesday, June 12, 2024

Fair opening price June 12, 2024 Current price
$153.47 ( 0.181%) $153.19

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

Trading levels for RCL

Fibonacci Support & Resistance Levels

Level Price
R3 156.12 1.91%
R2 155.10 1.25%
R1 154.48 0.84%
Price 153.19
S1 152.45 -0.480%
S2 151.83 -0.89%
S3 150.82 -1.55%

Accumulated Volume Support & Resistance Levels

Level Price
R3 156.33 2.05%
R2 155.16 1.29%
R1 154.55 0.89%
Price 153.19
S1 140.80 -8.09%
S2 137.47 -10.26%
S3 135.04 -11.85%

RCL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 20, 2020 Mar 05, 2020 Apr 06, 2020 $0.780 2.63%
2 Dec 05, 2019 Dec 19, 2019 Jan 06, 2020 $0.780 0.593%
3 Sep 06, 2019 Sep 19, 2019 Oct 11, 2019 $0.780 0.725%
4 May 10, 2019 Jun 03, 2019 Jul 03, 2019 $0.700 0.601%
5 Feb 13, 2019 Mar 06, 2019 Apr 05, 2019 $0.700 0.597%

FAQ

What is the symbol for Royal Caribbean Cruises Stock and on which exchange is it traded?
The symbol for Royal Caribbean Cruises is RCL and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Royal Caribbean Cruises Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Royal Caribbean Cruises stock to perform well in the short-term.

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

What's the current price of Royal Caribbean Cruises Stock?
As of the end of day on the Jun 11, 2024, the price of an Royal Caribbean Cruises (RCL) share was $153.19.

What is the 52-week high and low for Royal Caribbean Cruises Stock?
The 52-week high for Royal Caribbean Cruises Stock is $156.92 and the 52-week low is $78.35.

What is the market capitalization of Royal Caribbean Cruises Stock?
As of the Jun 11, 2024, the market capitalization of Royal Caribbean Cruises is 39.423B.

When is the next earnings date for Royal Caribbean Cruises?
The upcoming earnings date for Royal Caribbean Cruises is Jul 25, 2024.
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About Royal Caribbean Cruises Ltd

Royal Caribbean Cruises Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises brands, which comprise a range of itineraries that call on approximately 1,000 destinations. As of February 25, 2022, it operated 61 ships. The company was founded in 1968 and is headquartered in Miami, Florida.... RCL Profile

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