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Royal Caribbean Crosses Above its 10-day MA (RCL)

By David Diaz

Today, shares of Royal Caribbean (NYSE:RCL) have crossed bullishly above their 10-day moving average of $103.95 on a volume of 214K 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.

Over the past year, Royal Caribbean has traded in a range of $89.48 to $131.04 and is now at $106.88, 19% above that low. The 200-day and 50-day moving averages have moved 0.12% higher and 0.97% lower over the past week, respectively.

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

Keywords: moving crosses Royal Caribbean

Ticker(s): RCL