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Bullish Moving Average Cross by Norwegian Cruise (NCLH)

By David Diaz

Today, shares of Norwegian Cruise (NYSE:NCLH) have advanced above their 10-day MA of $11.49 on a volume of 12.9 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Norwegian Cruise has traded in a range of $7.03 to $59.78 and is now at $12.75, 81% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 12.9% while the 200-day MA has slid 2.3%.

SmarTrend is monitoring the recent change of momentum in Norwegian Cruise. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Norwegian Cruise in search of a potential trend change.

Keywords: moving crosses norwegian cruise

Ticker(s): NCLH