• Return to Headlines

Carnival Corp Bullish Moving Average Crossover Alert (CCL)

By James Quinn

Carnival Corp (NYSE:CCL) crossed over its 10-day moving average of $65.87 on a volume of 382K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Carnival Corp have traded between a low of $42.94 and a high of $67.30 and are now at $66.13, which is 54% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.

SmarTrend recommended that subscribers consider buying shares of Carnival Corp on May 25th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $62.78. Since that recommendation, shares of Carnival Corp have risen 4.7%. We continue to monitor CCL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses carnival corp

Ticker(s): CCL