NCLH stock: buy or sell
Mar 2nd, 2021
NCLH stock brief
- Norwegian Cruise Line closed on Monday at $29.85 after scarcely moving a 0.98%.
- Norwegian Cruise Line released its earnings report last Thursday
- Deutsche Bank Aktiengesellschaft posted a hold rating for Norwegian Cruise Line last Friday, with a forecast of $25.00
- Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in the North America, Europe, the Asia-Pacific, and internationally.
Should I buy Norwegian Cruise Line stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. 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 $NCLH stock a buy?
In the current situation of Norwegian Cruise Line there is not any eligible buy setup. This doesn't mean $NCLH will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Norwegian Cruise Line stock?
How to know when is it time to sell Norwegian Cruise Line stock?. Much like when we have to buy shares, determining when is the best time to sell is not a haphazard decision, and we must adhere our own trading style. We like very simple strategies to guide us on when is the best moment to sell our shares. Be aware that these strategies are not intended for selling short Norwegian Cruise Line stock
A golden rule is that you must never mantain a trade that results in higher than expected losses at the time of the buy. When to sell shares should always be ruled by the stop-loss (automatic or manual)
Is it time to sell Norwegian Cruise Line stock?
Currently, Norwegian Cruise Line stock doesn't match any of our preferred sell setups, so if you own Norwegian Cruise Line shares and your operation is in profit probably is not time to sell now
Norwegian Cruise Line ratings
In the last 30 days, 2 analyst ratings were published for Norwegian Cruise Line
|Feb 12th, 2021|
|Berenberg Bank|| |
|Feb 26th, 2021|
|Deutsche Bank Aktiengesellschaft||Neutral|
Norwegian Cruise Line stock analysis
Supports and resistances
The current resistance levels are:
The current supports are:
Since the price surpassed the upper band last Wednesday, the price dropped by 5.48%. The price is trading near to the upper Bollinger band, poiting some level of overbought in recent sessions. This is not a sell point, as price can move in these levels for many days and weeks
Relative strength index
The RSI dropped below the overbought level of 70 last Thursday after just crossing to the overbough zone for 1 day (weak signal). The RSI value on Monday was 65.78
Norwegian Cruise Line stock price history
Norwegian Cruise Line started trading priced at an adjusted price1 of $25.10 on Jan 2013. Since then, NCLH stock surged by 18.92%, with an average of 2.37% per year. An investment of $1,000USD on Jan 2013 would worth $1,189.24 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Norwegian Cruise Line stock
How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations post their analysis predicting how a stock will performance in the future.
The following table shows the price predictions published by financial institutions over the last 30 days. If you are a small investor you should not buy or sell based on these predictions.
Averaging all price targets exposed below, the estimated price for Norwegian Cruise Line stock is $23.50. Norwegian Cruise Line closed at $29.85 on Monday, so the target price is predicting a decrease by 21.27%.
|Brokerage firm||Price target|
|Feb 12th, 2021|
|Feb 26th, 2021|
|Deutsche Bank Aktiengesellschaft||$22.00 → $25.00|
Earnings and financials
Last Thursday, Norwegian Cruise Line Holdings Ltd. ($NCLH) posted EPS for that slightly worsened Wall St. expectations. Quarterly EPS was $-2.33 per share instead of $-2.17. This quarterly report represents an earnings surprise of -7.37%. Predicted revenue was $2.6 million but Norwegian Cruise Line strongly surpassed by 268.46%, posting $9.6 million.For comparison, the EPS for the same quarter last year was $0.73, so reported EPS means a reduction of -419.18%. Revenue sank a -99.35% on an annualized basis in the , from $14.8B to $95.8M last quarter.
NCLH ($NCLH) is hosting the quarterly earnings call next May. Expected for this quarter is $-1.97, compared to $-2.33 that was reported for Q4.
Norwegian Cruise Line performance
|Norwegian Cruise Line ($NCLH)||24.10%||27.20%||74.00%|
Important note:The comments expressed in this article are personal and not recommendations for you to buy or sell stocks. The author of this report does not know the particular conditions of the reader, his or her finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are posted for education reasons only
|Monday, March 1st, 2021|
|Day range||$29.52 - $31.36|
|Average true range||$2.19|
|50d mov avg||$25.05|
|100d mov avg||$22.59|
|200d mov avg||$19.45|
|Earnings date||May 13th, 2021|