• Return to Headlines

Next Resistance Level for Carnival Corp (CCL) is $65.02

By Shiri Gupta

Shares of Carnival Corp (NYSE:CCL) opened today above their pivot of $63.36 and have already reached the first level of resistance at $63.98. Investors may be interested in a cross of the next upside pivot targets of $65.02 and $66.68.

Carnival Corp (NYSE:CCL) has potential upside of 19.9% based on a current price of $63.84 and analysts' consensus price target of $76.55. Carnival Corp shares have support at the 200-day moving average (MA) of $50.34 and additional support at the 50-day MA of $49.48.

In the past 52 weeks, shares of Carnival Corp have traded between a low of $42.94 and a high of $72.70 and are now at $63.84, which is 49% 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 0.3%.

SmarTrend recommended that its subscribers protect gains by selling shares of Carnival Corp on March 1st, 2018 by issuing a Downtrend alert when the shares were trading at $66.49. Since that call, shares of Carnival Corp have fallen 5.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: pivot alerts carnival corp

Ticker(s): CCL