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Shares of CCL Up 11.8% Since Uptrend Call on Shares

By Nick Russo

SmarTrend identified an Uptrend for Carnival Corp (NYSE:CCL) on April 7th, 2020 at $12.55. In approximately 1 month, Carnival Corp has returned 11.79% as of today's recent price of $14.03.

Over the past year, Carnival Corp has traded in a range of $7.90 to $54.87 and is now at $13.96, 77% above that low. Over the past week, the 200-day moving average (MA) has gone down 1.3% while the 50-day MA has declined 7%.

Carnival Corporation owns and operates cruise ships offering cruises to all major vacation destinations including North America, United Kingdom, Germany, Southern Europe, South America, and Asia Pacific. The Company, through a subsidiary also owns and operates hotels and lodges. Dually-listed company with CCL LN.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Carnival Corp shares.

Log in and add Carnival Corp (CCL) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights carnival corp

Ticker(s): CCL