Royal Caribbean Cruises Crosses Below its 10-day MA (RCL)
Royal Caribbean Cruises (NYSE:RCL) crossed under its 10-day moving average of $77.51 on a volume of 348K shares. This may provide swing traders with 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 $75.38, which is 17% above that low price. 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