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Carnival Corp Crosses Above its 10-day MA (CCL)

By Amy Schwartz

Today, shares of Carnival Corp (NYSE:CCL) have advanced above their 10-day MA of $52.52 on a volume of 725K 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, Carnival Corp share prices have been bracketed by a low of $45.64 and a high of $67.69 and are now at $52.92, 16% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Carnival Corp and will alert subscribers who have CCL in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses carnival corp

Ticker(s): CCL