$CCL Carnival Corporation Stock Robo Analyst June 16 2020 #CCL

Carnival Corporation (CCL) “On a long-term technical basis, the stock (CCL) is trading below its 200-day moving average which generally implies it is in a negative trend. The stock has broken down through support at 24.60, so look for new support at 17.83.

The stock has support at 17.83 and 16.83. If the stock breaks down through support at 17.83 then it will probably continue lower to 16.83. The stock has resistance at 19.14 and at 24.60. If the stock breaks up through resistance at 19.14 then it will probably continue higher to 24.60. The 200-day moving average is at 34.00. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (56.32).”