$CCL Carnival Corporation Stock Robo Analyst April 1 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 6.91. If the stock breaks down through support at 7.90 then it will probably continue lower to 6.91. The stock has resistance at 24.95 and at 30.89. If the stock breaks up through resistance at 24.95 then it will probably continue higher to 30.89. The 200-day moving average is at 42.29. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (21.30).”