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Carnival Crosses Above its 10-day MA (CCL)

By David Diaz

Carnival (NYSE:CCL) shares have crossed bullishly above their 10-day moving average of $64.51 on a volume of 942K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Carnival share prices have been bracketed by a low of $40.52 and a high of $66.48 and are now at $65.19, 61% 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 is tracking the current trend status for Carnival and will alert subscribers who have CCL in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Carnival

Ticker(s): CCL