Carnival's most recent trend suggests a bearish bias. One trading opportunity on Carnival is a Bear Call Spread using a strike $65.00 short call and a strike $70.00 long call offers a potential 16.28% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $65.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock rose above the $70.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Carnival is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Carnival is bearish.
The RSI indicator is at 55.62 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Carnival
Replay: Jim Cramer on North Korea, Oil Prices, Apple and Carnival Corporation
Thu, 24 May 2018 22:40:00 +0000
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on Thursday's trending market topics from the floor of the New York Stock Exchange.
Carnival CEO Donald Sees 'Great' Environment for Cruise Industry
Thu, 24 May 2018 22:37:04 +0000
May.24 — Arnold Donald, Carnival Corp. chief executive officer, discusses the company's expansion and growth prospects with Bloomberg's Carol Massar and Jason Kelly on "What'd You Miss?"
Closing Bell Ringer: May 24, 2018
Thu, 24 May 2018 20:00:00 +0000
Ringing today's closing bells are Carnival Cruise Lines at the NYSE and Kiniksa at the Nasdaq.
Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)
Thu, 24 May 2018 19:55:00 +0000
TheStreet toured Carnival Corporation's new Horizon ship, which was docked on New York's Hudson River port.
Carnival Corp. Is Ready For a Shore Excursion to the Upside
Thu, 24 May 2018 14:29:00 +0000
Let's make a shore excursion with the latest charts and indicators. In this daily bar chart of CCL, below, we can see roughly a $10 pullback from the late January zenith. There was a bearish dead cross of the 50-day and 200-day moving averages last month but prices have been closing above the 50-day line the past week or so.
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