$CCL Carnival Corporation Stock Robo Analyst May 8 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 7.90 and 6.83. If the stock breaks down through support at 7.90 then it will probably continue lower to 6.83. The stock has resistance at 13.73 and at 15.91. If the stock breaks up through resistance at 13.73 then it will probably continue higher to 15.91. The 200-day moving average is at 38.01. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (51.35).”