Royal Caribbean Cruises Bearish Moving Average Crossover Alert (RCL)
Today, shares of Royal Caribbean Cruises (NYSE:RCL) have crossed bearishly below their 10-day moving average of $72.03 on a volume of 1.8 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Royal Caribbean Cruises share prices have moved between a 52-week high of $103.40 and a 52-week low of $64.21 and are now trading 12% above that low price at $71.63 per share. The 200-day and 50-day moving averages have moved 0.18% lower and 0.42% higher over the past week, respectively.
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