NYSE trade advice (A): US marine transportation stock | 4-6% gain | USA stock trading picks on 23 Oct 2024

Date
October 23, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NYSE, United States of America

Stock Trading Advice in USA

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Royal Caribbean Cruises
  • 199 – 203
  • 212 – 215
  • Below 195
  • 4% – 6%
  • 10 - 12 Days
  • Buy
    Royal Caribbean Cruises
  • Buy
    Range
    199 – 203
  • Target
    212 – 215
  • Stoploss
    Below 195
  • Upside
    Potential
    4% – 6%
  • Trade
    Duration
    10 - 12 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    Royal Caribbean Cruises (NYSE: RCL) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • RCL
  • Royal Caribbean Cruises
  • Marine Transportation
  • 204.37
  • 78.35
  • NYSE code RCL
  • Stock Name Royal Caribbean Cruises
  • Sector Marine Transportation
  • 52 Weeks High 204.37
  • 52 Weeks Low 78.35
  • Royal Caribbean Cruises (NYSE: RCL) vs NYSE - Relative Strength Comparison

    The image highlights Royal Caribbean Cruises's performance over the last year versus NYSE.
    Relative Performance - Last 1 Year
    RCL —   NYSE —

  • Royal Caribbean Cruises (NYSE: RCL) - Technical Analysis (Daily)

    Royal Caribbean Cruises - Technical Analysis chart on Daily Price and Volume
    Royal Caribbean Cruises - Technical Analysis chart on Daily Price and Volume

    • The stock price is currently experiencing a strong upward trend.
    • In the course of this rise, it previously created a Rounding Bottom pattern.
    • After breaking out, the price surged, and after a short period of consolidation, it developed an Inverted Head & Shoulders pattern.
    • Following another breakout, the stock is now at an all-time high and is expected to keep climbing.
  • Royal Caribbean Cruises (NYSE: RCL) - RSI Indicator

    Royal Caribbean Cruises stock analysis based on RSI indicator
    Royal Caribbean Cruises - RSI indicator

    • Current RSI of this stock is 75.86, which indicates the strength of buyers.

  • Royal Caribbean Cruises (NYSE: RCL) - EMA Crossover

    Royal Caribbean Cruises stock analysis based on EMA Crossover
    Royal Caribbean Cruises - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Royal Caribbean Cruises (NYSE: RCL) - ADX & DI Indicator

    Royal Caribbean Cruises stock analysis based on ADX & DI indicator
    Royal Caribbean Cruises - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Conclusion - Royal Caribbean Cruises (NYSE: RCL) Stock Price Forecast

    Based on our swing trading tips in USA stocks, Royal Caribbean Cruises stock price target will be USD 212 - USD 215 in the next 10-12 trading sessions.

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    Target hit. Trade closed.

    23 Oct 2024
    29 Oct 2024
    29 Oct 2024
    1 day
    Loss per
    100,000 SAR
    Stop-loss
    195
    Buy Advice
    23 Oct 2024
    199 – 203
    Target 1
    29 Oct 2024
    212
    Target 2
    29 Oct 2024
    215
    Profit per
    100,000 SAR
    1 day
    7,588
    195
    199 – 203
    212
    215
    7,588
    23 Oct 2024
    29 Oct 2024
    29 Oct 2024
    1 day
    Loss per
    100,000 SAR
    Stop-loss
    195
    Buy Advice
    23 Oct 2024
    199 – 203
    Target 1
    29 Oct 2024
    212
    Target 2
    29 Oct 2024
    215
    Profit per
    100,000 SAR
    1 day
    7,588
    195
    199 – 203
    212
    215
    7,588
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Royal Caribbean Cruises
  • 199 – 203
  • 212 – 215
  • Below 195
  • 4% – 6%
  • 10 - 12 Days
  • Buy Royal Caribbean Cruises
  • Buy
    Range
    199 – 203
  • Target 212 – 215
  • Stoploss Below 195
  • Upside
    Potential
    4% – 6%
  • Trade
    Duration
    10 - 12 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Royal Caribbean Cruises
  • 199 – 203
  • 212 – 215
  • Below 195
  • 4% – 6%
  • 10 - 12 Days
  • Buy
    Royal Caribbean Cruises
  • Buy
    Range
    199 – 203
  • Target
    212 – 215
  • Stoploss
    Below 195
  • Upside
    Potential
    4% – 6%
  • Trade
    Duration
    10 - 12 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Royal Caribbean Cruises (NYSE: RCL) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • RCL
  • Royal Caribbean Cruises
  • Marine Transportation
  • 204.37
  • 78.35
  • NYSE code RCL
  • Stock Name Royal Caribbean Cruises
  • Sector Marine Transportation
  • 52 Weeks High 204.37
  • 52 Weeks Low 78.35
  • Company profile

    Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of February 21, 2024, it operated 65 ships. Royal Caribbean Cruises Ltd. was founded in 1968 and is headquartered in Miami, Florida.

  • Royal Caribbean Cruises (NYSE: RCL) vs NYSE - Relative Strength Comparison

    The image highlights Royal Caribbean Cruises's performance over the last year versus NYSE.
    Relative Performance - Last 1 Year
    RCL —   NYSE —

  • Royal Caribbean Cruises (NYSE: RCL) - Technical Analysis (Daily)

    Royal Caribbean Cruises - Technical Analysis chart on Daily Price and Volume
    Royal Caribbean Cruises - Technical Analysis chart on Daily Price and Volume

    • The stock price is currently experiencing a strong upward trend.
    • In the course of this rise, it previously created a Rounding Bottom pattern.
    • After breaking out, the price surged, and after a short period of consolidation, it developed an Inverted Head & Shoulders pattern.
    • Following another breakout, the stock is now at an all-time high and is expected to keep climbing.
  • Royal Caribbean Cruises (NYSE: RCL) - RSI Indicator

    Royal Caribbean Cruises stock analysis based on RSI indicator
    Royal Caribbean Cruises - RSI indicator

    • Current RSI of this stock is 75.86, which indicates the strength of buyers.

  • Royal Caribbean Cruises (NYSE: RCL) - EMA Crossover

    Royal Caribbean Cruises stock analysis based on EMA Crossover
    Royal Caribbean Cruises - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Royal Caribbean Cruises (NYSE: RCL) - ADX & DI Indicator

    Royal Caribbean Cruises stock analysis based on ADX & DI indicator
    Royal Caribbean Cruises - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Conclusion - Royal Caribbean Cruises (NYSE: RCL) Stock Price Forecast

    Based on our swing trading tips in USA stocks, Royal Caribbean Cruises stock price target will be USD 212 - USD 215 in the next 10-12 trading sessions.

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    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website