$CCL Carnival Corporation Stock Robo Analyst June 28 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 new level of support is at 4.83.

The stock has support at 13.73 and 11.00. If the stock breaks down through support at 13.73 then it will probably continue lower to 11.00. The stock has resistance at 15.83 and at 16.83. If the stock breaks up through resistance at 15.83 then it will probably continue higher to 16.83. The 200-day moving average is at 32.97. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (19.21).”