|
|
Archive - 10/9/2026 - Sign In to see current Signals. |
Carnival Corp. (CCL) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a third positive week after 6 consecutive negative weeks for the Carnival Corp. (CCL). During the week, the CCL gained 0.59 points, or 2.29%, and closed at 26.35 on Friday, October 9, 2026. Weekly volume was -15% below average.
Long-term trend: [See CCL long-term trend chart] A long-term downtrend had started on February 6, 2026 at 34.03 and reached 21.45 on September 24, 2026. CCL lost 12.58 points, or 36.97%, in 32 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Medium-term trend: [See CCL medium-term trend chart] A medium-term downtrend had started on June 17, 2026 at 31.60 and reached 21.45 on September 24, 2026. CCL lost 10.15 points, or 32.12%, in 14 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 20.54 and resistance is at 28.30. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See CCL weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is below its signal line since August 21, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See CCL short-term trend chart] A short-term uptrend had started on September 24, 2026 at 21.45 and reached 26.71 on October 6, 2026. CCL gained -5.26 points, or -24.52%, in 12 days. The price is now at the 6.84% retracement level.
Daily Technical Indicators: [See CCL daily technical indicators chart] Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Lane's Stochastic. Use the following link to access Williams' Percentage Range help. The daily MACD line is above its signal line since September 21, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current short-term uptrend is still strong, and momentum is beginning to wane.
| |
|
|