NYSE trade advice (D): US marine transportation stock | 6-8% gain | USA stock trading picks on 5 Jun 2024

Date
June 5, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NYSE, United States of America

Trading Tips for US Stocks

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Royal Caribbean Cruises
  • 150 – 154
  • 163 – 167
  • Below 144
  • 6% – 8%
  • 12 - 14 Days
  • Buy
    Royal Caribbean Cruises
  • Buy
    Range
    150 – 154
  • Target
    163 – 167
  • Stoploss
    Below 144
  • Upside
    Potential
    6% – 8%
  • Trade
    Duration
    12 - 14 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
  • 151.16
  • 78.35
  • NYSE code RCL
  • Stock Name Royal Caribbean Cruises
  • Sector Marine Transportation
  • 52 Weeks High 151.16
  • 52 Weeks Low 78.35
  • Royal Caribbean Cruises (NYSE: RCL) vs NYSE - Relative Strength Comparison

    The image compares Royal Caribbean Cruise's 1-year performance to TASI.
    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

    • In the past, the price exhibited a Rounding Bottom pattern.
    • Following the breakout, the price retraced to test the breakout level before resuming its upward movement, forming Higher Highs and Lows.
    • Currently, the price is trading at its highest level ever after a recent breakout.
    • As long as the price remains above the 150 level, the overall sentiment will remain bullish.
  • 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 70.68, which indicates the strength of buyers.

  • 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.

  • Royal Caribbean Cruises (NYSE: RCL) - MACD Indicator

    Royal Caribbean Cruises stock analysis based on MACD Indicator
    Royal Caribbean Cruises - MACD Indicator

    • MACD line has just crossed the signal line from the below, generates bullish signal.

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

    Based on our swing trading stock selection for USA markets, Royal Caribbean Cruises stock price target will be USD 163 - USD 167 in the next 12-14 trading sessions.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments
    Join Our Telegram Channel for Saudi Stock Market Update
    Saudi Stock Analysis
    Join Our Telegram Channel for USA Stock Analysis Update

    Target hit. Trade closed.

    5 Jun 2024
    9 Jul 2024
    16 Jul 2024
    21 days
    Loss per
    100,000 SAR
    Stop-loss
    144
    Buy Advice
    5 Jun 2024
    150 – 154
    Target 1
    9 Jul 2024
    163
    Target 2
    16 Jul 2024
    167
    Profit per
    100,000 SAR
    21 days
    11,333
    144
    150 – 154
    163
    167
    11,333
    5 Jun 2024
    9 Jul 2024
    16 Jul 2024
    21 days
    Loss per
    100,000 SAR
    Stop-loss
    144
    Buy Advice
    5 Jun 2024
    150 – 154
    Target 1
    9 Jul 2024
    163
    Target 2
    16 Jul 2024
    167
    Profit per
    100,000 SAR
    21 days
    11,333
    144
    150 – 154
    163
    167
    11,333
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Royal Caribbean Cruises
  • 150 – 154
  • 163 – 167
  • Below 144
  • 6% – 8%
  • 12 - 14 Days
  • Buy Royal Caribbean Cruises
  • Buy
    Range
    150 – 154
  • Target 163 – 167
  • Stoploss Below 144
  • Upside
    Potential
    6% – 8%
  • Trade
    Duration
    12 - 14 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Royal Caribbean Cruises
  • 150 – 154
  • 163 – 167
  • Below 144
  • 6% – 8%
  • 12 - 14 Days
  • Buy
    Royal Caribbean Cruises
  • Buy
    Range
    150 – 154
  • Target
    163 – 167
  • Stoploss
    Below 144
  • Upside
    Potential
    6% – 8%
  • Trade
    Duration
    12 - 14 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
  • 151.16
  • 78.35
  • NYSE code RCL
  • Stock Name Royal Caribbean Cruises
  • Sector Marine Transportation
  • 52 Weeks High 151.16
  • 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 compares Royal Caribbean Cruise's 1-year performance to TASI.
    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

    • In the past, the price exhibited a Rounding Bottom pattern.
    • Following the breakout, the price retraced to test the breakout level before resuming its upward movement, forming Higher Highs and Lows.
    • Currently, the price is trading at its highest level ever after a recent breakout.
    • As long as the price remains above the 150 level, the overall sentiment will remain bullish.
  • 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 70.68, which indicates the strength of buyers.

  • 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.

  • Royal Caribbean Cruises (NYSE: RCL) - MACD Indicator

    Royal Caribbean Cruises stock analysis based on MACD Indicator
    Royal Caribbean Cruises - MACD Indicator

    • MACD line has just crossed the signal line from the below, generates bullish signal.

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

    Based on our swing trading stock selection for USA markets, Royal Caribbean Cruises stock price target will be USD 163 - USD 167 in the next 12-14 trading sessions.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments

    Join Our Telegram Channel for USA Stock Market Update

    USA Stock Analysis

    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