Mutlu Kurtbas 200-Day SMA Can Indicate Uptrend A 200-day SMA or “simple moving average” is widely viewed as an important technical indicator. This indicator is a top signal for Quant data strategist Kushal Mehrotra. When companies begin to trade above their 200-day SMA, this technical “breakout” is generally considered an indication of bullish sentiment for the company. Breakouts can draw further attention, which can potentially lead to increased buying activity and momentum which positively reinforces ...

Carnival Corporation & plc (CCL) stock moved up 9.4% in the past three months compared with the industry’s 3.5% rise and 6.4% growth of the Zacks S&P 500 composite. Investor sentiments are buoyed by robust booking momentum for 2025, with record volumes surpassing 2024 levels in price and occupancy.But Carnival isn’t the only company riding the wave of a cruise tourism boom — Royal Caribbean Cruises Ltd. (RCL) jumped 13.2%, Norwegian Cruise Line Holdings Ltd. (NCLH) gained 9.4%, and OneSpaWorld Holdings Limi ...

Guests can experience Alaska's majestic glaciers, wildlife sightings and destination-focused cuisine on a variety of cruises, including new 14-day roundtrip Seattle voyageSEATTLE, Aug. 29, 2024 /PRNewswire/ -- Holland America Line is opening bookings for its 2026 Alaska cruise season. With six ships in the region, the cruise line is filling each voyage with experiences designed around vacationers' top reasons to visit Alaska: an abundance of glacier viewings, a variety of wildlife sightings, captivating cul ...

Technical analysis has a bad reputation. Unfortunately, this reputation may be warranted. Many analysts don't understand its basic principles and fundamentals.Almost any chart can illustrate some of these fundamentals and principles. The chart of Carnival Corp CCL is no exception. This is why our team of technical analysts has made it our Stock of the Day.A chart is a graphical illustration of trader and investor emotions. The price action that causes patterns to form on charts is driven by them.If the lead ...

This unloved and undervalued stock could bounce back over the next two decades.Carnival's (CCL -1.57%) stock hit a record high of $66.19 on Jan. 29, 2018. At the time, the cruise line operator seemed like a stable long-term investment. From fiscal 2007 to fiscal 2017 (which ended in November 2017), its revenue grew at a compound annual growth rate (CAGR) of 3% as its earnings per share (EPS) rose at a CAGR of 2%.Carnival maintained those slow but steady growth rates even as the Great Recession disrupted the ...

The most recent trading session ended with Carnival (CCL) standing at $15.60, reflecting a +0.91% shift from the previouse trading day's closing. The stock lagged the S&P 500's daily gain of 0.97%. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 1.39%.The cruise operator's stock has dropped by 16.12% in the past month, falling short of the Consumer Discretionary sector's loss of 2.32% and the S&P 500's loss of 1.85%.Market participants will be closely following the financial results of Ca ...

SeregaSibTravelCarnival Isn't Immune To Travel Industry Headwinds Carnival Corporation (NYSE:CCL) investors were likely stunned as the stock fell into a bear market after failing to clear the resistance level under the $20 zone in July 2024. However, dip buyers returned in August, helping the stock bottom out just above the $14 zone, underpinning CCL's April 2024 lows. As a result, investors are likely assessing whether its recent recovery represents a significant turnaround after its August plunge as t ...

The cruise industry has been through a rollercoaster of changes in recent years, with the COVID-19 pandemic drastically altering the landscape. Once a booming sector, cruise lines faced unprecedented challenges as global travel ground to a halt, leading to massive financial losses, layoffs and operational overhauls.As the world gradually emerged from the pandemic, some companies managed to recover impressively, capitalizing on pent-up demand and evolving consumer preferences. Yet, not all have been as fortu ...

Game-Changing MedallionNet Max WiFi Debuts August 31 Exclusively with Princess Plus and Princess Premier BundlesPrincess to Host First-Ever Land/Sea Custom UGC Competition to Demonstrate Connectivity ExcellenceFT. LAUDERDALE, Fla. , Aug. 7, 2024 /PRNewswire/ -- Princess Cruises, the world's most iconic cruise brand, today announced the launch of MedallionNet Max, a new level of onboard Wi-Fi service that will meet the growing demands of today's intensively digitally-connected travelers and continue to expan ...

Market indicators became more pessimistic.Carnival Corp. (CCL 0.97%) stock dropped 11% in July, according to data provided by S&P Global Market Intelligence. It was negatively affected by overall macroeconomic events and investor sentiment, but there wasn't any news specific to the cruise industry leader.Demonstrating why it's a leaderCarnival was a reliable market-beating stock before the pandemic, with steady increases in revenue and profits over many years. It also paid a growing dividend.That all change ...