Royal Caribbean Cruises Bearish Moving Average Crossover Alert (RCL)
Today, shares of Royal Caribbean Cruises (NYSE:RCL) have fallen below their 10-day MA of $77.56 on a volume of 732K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
In the past 52 weeks, shares of Royal Caribbean Cruises have traded between a low of $64.21 and a high of $103.40 and are now at $76.96, which is 20% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.
SmarTrend is monitoring the recent change of momentum in Royal Caribbean Cruises. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Royal Caribbean Cruises in search of a potential trend change.
Keywords: moving crosses royal caribbean cruises