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Norwegian Cruise Falling Today on Above-Average Volume (NCLH)

By Shiri Gupta

Norwegian Cruise's stock is down 2.0% to $54.72 on heavy trading volume. About 1.9 million shares have been traded today, as compared to the 30-day average volume of 1.7 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Norwegian Cruise on June 14th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $52.22. Since that recommendation, shares of Norwegian Cruise have risen 9.3%. We continue to monitor NCLH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, shares of Norwegian Cruise have traded between a low of $34.16 and a high of $61.48 and are now at $54.72, which is 60% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.7%.

Keywords: unusual volume norwegian cruise

Ticker(s): NCLH