NCLH stock: buy or sell

NCLH stock price: $28.58 8.09% At close on May 14th, 2021

Updated on:
May 17th, 2021

1

NCLH stock brief

  • Norwegian Cruise Line closed last Friday at $28.58 after skyrocketing a 8.09% breaking a streak of 3 sessions in negative.
  • Looking at the chart, price is drawing an scaled downtrend since last March with lower tops and lower bottoms. shares price lost a -17.14% since the downtrend started.
  • Norwegian Cruise Line made public its earnings report on May 6
  • 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?

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 $NCLH stock a buy?

Currently, Norwegian Cruise Line stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $NCLH in coming sessions, or that it may not climb higher. Simply, it doesn't match our recommended trading systems

Should I sell Norwegian Cruise Line stock?

Knowing when to sell a stock is even harder than knowing when to buy it. Much like when we have to buy shares, determining when is the best time to sell is not a fickle decision, and we must use our own trading style. 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 Norwegian Cruise Line stock

As a golden rule, you should never mantain an open trade that produces greater losses than those expected upon purchase. The timing to sell your stock should always be ruled by the stop-loss (automatic or manual)

Is it time to sell Norwegian Cruise Line stock?

In the current situation of Norwegian Cruise Line there is not any eligible sell setup, so Norwegian Cruise Line stock holders with operations in green can keep their positions

Norwegian Cruise Line ratings

In the last month, 3 analyst ratings were published for Norwegian Cruise Line. General sentiment is bullish, with 2 out of 3 publishing optimistic forecasts

Norwegian Cruise Line analysts' ratings - Last 30 days
Brokerage firmRating
Apr 20th, 2021
The Goldman Sachs Group NeutralStrong buy
Apr 21st, 2021
Berenberg Bank Neutral
Apr 26th, 2021
The Goldman Sachs Group NeutralStrong buy

Norwegian Cruise Line stock analysis

Norwegian Cruise Line continues trending lower since last March, and has accumulated a selloff of -17.14%. Like in all downtrends, the stock oscillates drawing lower tops and bottoms. In this case, we have seen 3 consecutive lower tops.

SMAs overview

NCLH stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $28.98 (1.40% above)
  • R2: $32.36 (13.23% above)
  • R3: $33.08 (15.75% above)
  • The current supports are:

  • S1: $26.97 (-5.63% below)
  • S2: $26.91 (-5.84% below)
  • S3: $25.79 (-9.76% below)
  • Bollinger bands

    Since the price broke down the lower band last Wednesday, the price has bounced off by 10.18%

    NCLH stock Bollinger Bands chart

    Relative strength index

    When the stays for so long below 70 and above 30, without signaling moments of overvaluation and undervaluation, the indicator gets of little use, and we are now in such a case.

    NCLH stock RSI chart

    Norwegian Cruise Line stock price history

    Norwegian Cruise Line IPO was on Jan 18th, 2013 priced at $25.10 per share1. Since then, NCLH stock has risen by 13.86%, with an average of 1.73% per year. If you had invested $1,000USD in Norwegian Cruise Line stock on Jan 2013, it would be valued $1,138.65 today.

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

    NCLH stock price history chart

    Price target for Norwegian Cruise Line 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 analysts in the last 30 days. Again, these estimates are not direct recommendations for small traders and should not be trusted blindly.

    The average price target for Norwegian Cruise Line stock calculated from the table below is $31.00. That is a 8.47% than the current price ($28.58).

    Norwegian Cruise Line stock price predictions
    Brokerage firmPrice target
    Apr 20th, 2021
    The Goldman Sachs Group Not available
    Apr 21st, 2021
    Berenberg Bank $22.00$25.00
    Apr 26th, 2021
    The Goldman Sachs Group $27.00$37.00

    Earnings and financials

    Norwegian Cruise Line Holdings Ltd. ($NCLH) released quarterly earnings of $-2.03 per share on May 6, matching the analysts consensus estimate of $-2.05 per share. Sales resulted of $3.1 million in contrast to $10.5 million predicted by analysts.

    For comparison, the EPS for the same quarter last year was $-0.99, so reported EPS is a decrease of -105.05%. Looking at turnover, figures dropped a -99.75% compared to $12.5B year over year.

    NCLH ($NCLH) will host the Q2 earnings call next August. Wall Street estimates of $-2.02, compared to previous quarter that was $-2.03.

    Norwegian Cruise Line performance

    NCLH performance compared
    Company1m3m6m
    Norwegian Cruise Line ($NCLH) 0.50% 19.30% 52.10%

    Important:
    The thoughts written in this article are personal and not recommendations for you to buy or sell stocks. The author of this paper does not have any knowledge of the specific scenarios 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 Viewpoints are posted for informational purposes only

    NCLH summary

    Friday, May 14th, 2021
    Open$26.89
    Close$28.58
    Day range$26.77 - $28.65
    Previous close$26.44
    Session gain8.09%
    Average true range$1.68
    50d mov avg$28.98
    100d mov avg$27.26
    200d mov avg$22.82
    Earnings dateAugust 4th, 2021

    Frequently asked questions

    What is Norwegian Cruise Line stock symbol?

    Norwegian Cruise Line Holdings Ltd. is a public company trading in the US stock market with the NCLH symbol

    Is Norwegian Cruise Line stock a buy or sell?

    Norwegian Cruise Line received 3 ratings in the last 30 days: 2 bullish, 0 bearish and 1 neutral.

    Will NCLH go up?

    Norwegian Cruise Line had different price forecasts published by analysts in the last 30 days forecasting the target price to $31.00. That is a 8.47% than the last price ($28.58).