RCL stock: buy or sell

RCL stock price: $80.09 -0.58% At close on Jul 28th, 2021

Updated on:
Jul 29th, 2021

1

RCL stock brief

  • Royal Caribbean closed on Wednesday at $80.09 after barely moving a -0.58%.
  • Royal Caribbean Group operates as a cruise company worldwide.

Should I buy Royal Caribbean 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 $RCL stock a buy?

Currently, Royal Caribbean 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 $RCL in coming sessions, or that it may not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Royal Caribbean stock?

When you own stock shares with some profit, it's really hard to decide the good moment to sell and get your profits. Just as when we have to buy shares, determining when is appropiate to sell is not a haphazard decision, and we must adhere our own trading strategy. When selling, as well as buying, detailed strategies are very easy to use and are only valid for selling stocks you already own, not for selling short $RCL stock

A guiding principle is that you must never mantain a trading operation that generates losses greater than those expected by the time of purchase. When to sell shares must always be ruled by the stop-loss (automatic or manual)

Is it time to sell Royal Caribbean stock?

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

Royal Caribbean ratings

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

Royal Caribbean stock analysis

SMAs overview

RCL stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $81.68 (1.99% above)
  • R2: $83.29 (4.00% above)
  • R3: $85.10 (6.26% above)
  • The current support levels are:

  • S1: $79.98 (-0.14% below)
  • S2: $79.03 (-1.32% below)
  • S3: $78.86 (-1.54% below)
  • Bollinger bands

    Since the price broke down the lower band on July 19, the price rebounded by 19.72%

    RCL stock Bollinger Bands chart

    Relative strength index

    The RSI broke out the oversold level of 30 on July 20 after just being in the oversold zone for 1 day (what can be considered a strength signal). The RSI reading on Wednesday was 48.84. Royal Caribbean price skyrocketed a 15.22% since RSI left the oversold zone

    RCL stock RSI chart

    Royal Caribbean stock price history

    Royal Caribbean IPO was on Apr 28th, 1993 priced at $5.87 per share1. Since then, RCL stock surged by 1,264.40%, with an average of 45.16% per year. An investment of $1,000USD on the IPO would worth $13,643.95 today.

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

    RCL stock price history chart

    Price target for Royal Caribbean stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations issue their analysis predicting how a stock will performance in the future.

    Along with buy or sell recommendations, brokerage institutions release their price forecasts based on the stock price action and the company fundamental data. Most of these forecasts follow the release of new financial information by the company, and many times. Again, these targets are not direct recommendations for individual investors and must not be followed blindly.

    In the previous month we couldn't find any price target published for Royal Caribbean stock.

    Earnings and financials

    Last April, Royal Caribbean ($RCL) had the quarterly financial call and posted the report. RCL topped analysts estimates and reported of $-4.44, that is a 4.10% better than expected versus the initial estimates of $-4.63. On the other hand, reported revenues were $42.0 million compared to estimates of $37.6 million.

    This compares to Earnings of $-1.48 per share a year ago, so reported EPS is a reduction of -200.00%. Looking at sales, figures sank a -97.93% compared to $20.3B year over year.

    RCL ($RCL) will host the earnings call next Monday. Expected for this quarter is $-4.40, compared to $-4.44 that was reported for Q1.

    Royal Caribbean performance

    RCL performance compared
    Company1m3m6m
    Royal Caribbean ($RCL) -4.10% -11.10% 15.60%

    Important note:
    The viewpoints given in this article are personal and should not be followed as recommendations for you to buy or sell shares. The author of this document does not have any knowledge of the particular circumstances of the reader, his or her own 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 Thoughts are posted for educative motives only

    RCL summary

    Wednesday, July 28th, 2021
    Open$81.13
    Close$80.09
    Day range$78.07 - $81.77
    Previous close$80.56
    Session gain-0.58%
    Average true range$4.67
    50d mov avg$85.30
    100d mov avg$85.70
    200d mov avg$79.09
    Earnings dateAugust 9th, 2021

    Frequently asked questions

    What is Royal Caribbean stock symbol?

    Royal Caribbean Group is a public company trading in the US stock market with the RCL symbol

    Is Royal Caribbean stock a buy or sell?

    Royal Caribbean had no ratings in the last 30 days Read the article to get additional tips on trading RCL stock.

    Will RCL go up?

    There were no price targets issued by market analysts in the last 4 weeks for Royal Caribbean.