Norwegian Cruise Line (NCLH) Crossed Above the 200-Day Moving Average: What That Means for Investors
Norwegian Cruise Line(NCLH) ZACKS·2024-06-24 14:30
Over the past four weeks, NCLH has gained 8.1%. The company is currently ranked a Zacks Rank #3 (Hold), another strong indication the stock could move even higher. The 200-day simple moving average is a useful tool for traders and analysts, establishing market trends for stocks, commodities, indexes, and other financial instruments over the long term. The marker moves higher or lower along with longer-term price moves, and serves as a support or resistance level. Given this move in earnings estimate revisio ...