$CCL Carnival Corporation Stock Robo Analyst May 5 2020 #CCL

Carnival Corporation (CCL) “On a long-term technical basis, the stock (CCL) is trading below its 200-day moving average which implies it is in a negative trend.

The stock has support at 13.73 and 7.90. If the stock breaks down through support at 13.73 then it will probably continue lower to 7.90. The stock has resistance at 17.25 and at 19.14. If the stock breaks up through resistance at 17.25 then it will probably continue higher to 19.14. The 200-day moving average is at 38.49. This will also act as resistance. The stock is slightly overbought according to the Stochastic Indicator (72.20).”