Carnival (CCL) Offering Possible 5.26% Return Over the Next 15 Calendar Days

Carnival's most recent trend suggests a bullish bias. One trading opportunity on Carnival is a Bull Put Spread using a strike $49.50 short put and a strike $44.50 long put offers a potential 5.26% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.50 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $44.50 long put 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 up which suggests that the medium-term momentum for Carnival is bullish.

The RSI indicator is at 79.59 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Carnival

Is Carnival (CCL) Stock Undervalued Right Now?
Tue, 31 Dec 2019 16:50:04 +0000
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks – December 31, 2019
Tue, 31 Dec 2019 14:21:02 +0000
The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher-rate income streams to replace dwindling bond yields.

Carnival’s Ship Could Come In Next Year
Sat, 28 Dec 2019 00:52:00 +0000
Wells Fargo Securities says it’s patiently constructive on Carnival after a challenging 2019. Also, Wall Street analysts’ views on Tesla, Evolent Health, Patterson Cos., and Fortress Transportation and Infrastructure Investors.

‘Respectful’ clothes required: Carnival Cruise Line adds new dress code
Thu, 26 Dec 2019 19:37:17 +0000
Click here to see the entire story, including Carnival's full list of recommended clothing. HOUSTON — If you’re planning a cruise on Carnival Cruise Line, currently the busiest cruise line in Galveston, you should check out the company's new dress code before you pack. The popular cruise line is now banning clothing that other guests might find “offensive.” “All guests are expected to ensure their clothing and accessories are respectful to fellow guests,” the post reads.

Carnival is coming off cancellations and an accident but analysts are still upbeat
Tue, 24 Dec 2019 18:03:00 +0000
Carnival Corp. saw its stock price target raised at least three times on Monday, despite facing a number of challenges heading into the new year. In addition, there was a report of an accident involving the Carnival Glory that resulted in six minor injuries. This comes after a year that saw an abrupt regulatory shift in Cuba that halted travel to the island, Hurricane Dorian, geopolitical events in the Arabian Gulf and a host of other circumstances that impacted Carnival’s ability to operate its ships.

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