Bullish vs. Bearish (315 opinions)
Social Sentiment 0.07
NCLH Stock Forecast and Technical Analysis
Hold candidate since 2020-04-09 PDF
Norwegian Cruise Line Holdings Ltd. gained 11.86% in the last trading day ( Thursday, 9th Apr 2020 ), rising from $11.72 to $13.11 , and has now gained 6 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During the day the stock fluctuated 15.76% from a day low at $12.25 to a day high of $14.18. The price has risen in 6 of the last 10 days , but is still down by -16.55% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 25.07 million more shares were traded than the day before. In total, 53.10 million shares bought and sold for approximately $696.16 million.
NCLH Stock Price Summary
- 30 day high of the NCLH stock price was $22.25 and low was $7.03.
- 90 day high was $59.78 and low was $7.03.
- 52 week high for Norwegian Cruise Line Holdings Ltd. - $59.78 and low - $7.03.
Norwegian Cruise Line Holdings Ltd. lies the upper part of a very 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 $14.86 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 -81.19% during the next 3 months and, with 90% probability hold a price between $-2.08 and $2.80 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday April 02, 2020, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Norwegian Cruise Line Holdings Ltd. holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $19.39. On a fall, the stock will find some support from the short-term average at $10.32. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.
NCLH Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 60 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
NCLH Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $12.02 and $11.10.
There is 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, Norwegian Cruise Line Holdings Ltd. finds support just below today's level at $12.02. If this is broken, then the next support from accumulated volume will be at $11.10 and $11.01.
NCLH Stock Risk
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.93 between high and low, or 15.76%. For the last week, the stock has had a daily average volatility of 16.07%.
Since the Norwegian Cruise Line Holdings Ltd. has been rising for 6 days in a row, the risk for the next couple of days has increased. As we cannot be certain with regards to the size of the reaction, we urge caution.
Our recommended stop-loss: $12.27 (-6.41%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from pivot bottom found 5 days ago.)
16.07 %Average volatility
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NCLH Stock Evaluation
Norwegian Cruise Line Holdings Ltd. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate candidate.
The general sentiment holds a neutral evaluation of the stock right now. The sentiment is based upon 315 votes on StockTwits.
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