|
|
Archive
- 11/8/2024 -
Sign In to see current Signals. |
Royal Caribbean Cruises Ltd (RCL) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a ninth consecutive positive week for the Royal Caribbean Cruises Ltd (RCL). During the week, the RCL gained 23.20 points, or 11.48%, and closed at 225.30 on Friday, November 8, 2024. Weekly volume was -17% below average.
 Long-term trend: [See RCL long-term trend chart]
A long-term uptrend had started on July 14, 2022 at 31.09 and reached 228.10 on November 8, 2024. RCL gained -197.01 points, or -633.68%, in 121 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (136.20) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See RCL medium-term trend chart]
A medium-term uptrend had started on August 5, 2024 at 130.08 and reached 228.10 on November 8, 2024. RCL gained -98.02 points, or -75.35%, in 13 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (196.45) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See RCL weekly technical indicators chart]
Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.
The weekly MACD line is above its signal line since September 20, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.
 Short-term trend: [See RCL short-term trend chart]
A short-term uptrend had started on October 2, 2024 at 170.24 and reached 228.10 on November 8, 2024. RCL gained -57.86 points, or -33.99%, in 37 days. Price is near the trend high.
 Daily Technical Indicators: [See RCL daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|