Carnival stock: buy or sell

CCL stock price: $22.82 0.09% At close on Jul 28th, 2021

Updated on:
Jul 29th, 2021

1

Carnival stock brief

  • Carnival stock merely moved 0.09% to close at $22.82 on the stock market on Wednesday.
  • Carnival Corporation & plc operates as a leisure travel company.

Should I buy Carnival stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $CCL stock a buy?

Currently, Carnival stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $CCL will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Carnival stock?

When you own a stock with some profit, it's really hard to decide the correct moment to sell and get your benefits. Much like when we have to buy shares, determining when is the best time to sell is not a random decision, and we must adhere our own trading strategy. Our trading system selects very simple setups to guide us on when is the best moment to sell our shares. Be aware that these setups are not intended for selling short $CCL stock

As a golden rule, you should not hold a trading operation that leads to losses greater than those expected at the time of the buy. The timing to sell your stock always has to be determined by the stop-loss (automatic or manual)

Is it time to sell Carnival stock?

Currently, Carnival stock doesn't match any of our preferred sell setups, so if you hold Carnival shares and your operation is in profit probably is not time to sell now

Carnival ratings

In the last month we couldn't find any rating for Carnival

Carnival stock analysis

SMAs overview

CCL stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $23.21 (1.71% above)
  • R2: $23.40 (2.54% above)
  • R3: $23.46 (2.80% above)

    • The current supports are:

  • S1: $22.76 (-0.26% below)
  • S2: $22.63 (-0.83% below)
  • S3: $22.52 (-1.31% below)

    • Bollinger bands

    Since the price broke down the lower band on July 19, the price rebounded by 18.92%

    CCL stock Bollinger Bands chart

    Relative strength index

    The RSI crossed up the oversold level of 30 on July 20 after just being in the oversold zone for a single day (what can be considered a strength sign). The RSI value on Wednesday was 43.31. Carnival stock skyrocketed a 15.72% since then

    CCL stock RSI chart

    Carnival stock price history

    Carnival IPO was on Jul 24th, 1987 at $0.00 per share1. Since then, CCL stock surged by -, with an average of 0.00% per year. If you had invested $1,000USD in Carnival stock on Jul 1987, it would worth $inf today.

    1: Adjusted price after possible price splits or reverse-splits

    CCL stock price history chart

    Price target for Carnival stock

    Nobody can predict how much a share will be priced in the future. Banks and financial organisations publish their analysis forecasting how a stock will performance in the future.

    The following table shows the price target released by financial institutions in the last 30 days. Again, these predictions are not direct recommendations for small traders and must not be trusted blindly.

    In the previous 30 days we couldn't find any price target published for Carnival stock.

    Earnings and financials

    Carnival Corporation & Plc ($CCL) posted quarterly earnings of $-1.80 per share in mid-June, failing to match the Wall St consensus estimate of $-1.60 per share. This quarterly report represents an earnings surprise of -12.50%. Company's turnover was $50.0 million compared to $193.4 million forecasted by market consensus.

    This compares to Earnings of $-3.30 per share a year ago, so posted EPS means an increase of 45.45%. Looking at revenue, figures tanked a -93.38% compared to $7.4B same quarter a year ago.

    Carnival ($CCL) is releasing Q3 financial report next October. Market predicts of $-1.24, compared to Q2 that was $-1.80.

    Carnival performance

    CCL performance compared
    Company1m3m6m
    Carnival ($CCL) -12.80% -20.70% 13.50%

    Important note:
    The viewpoints published in this post are personal and not recommendations for you to buy or sell stocks. The author of this report does not have any knowledge of the individual circumstances of the reader, his or her own finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are expressed for educative motives only

    Carnival summary

    Wednesday, July 28th, 2021
    Open$23.19
    Close$22.82
    Day range$22.2 - $23.39
    Previous close$22.8
    Session gain0.09%
    Average true range$1.64
    50d mov avg$26.71
    100d mov avg$26.97
    200d mov avg$23.36
    Earnings dateOctober 6th, 2021

    Frequently asked questions

    What is Carnival stock symbol?

    Carnival Corporation & Plc is a public company trading in the US stock market with the CCL symbol

    Is Carnival stock a buy or sell?

    Carnival had no ratings in the last 30 days Read the article to get additional tips on trading CCL stock.

    Will CCL go up?

    There were no price targets issued by analysts in the last 30 days for Carnival.

    Latest Carnival news