Carnival's most recent trend suggests a bullish bias. One trading opportunity on Carnival is a Bull Put Spread using a strike $52.50 short put and a strike $47.50 long put offers a potential 6.38% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $52.50 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $47.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Carnival is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Carnival is bullish.
The RSI indicator is at 59.03 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Carnival
At US$53.39, Is Carnival Corporation (NYSE:CCL) Worth Looking At Closely?
Thu, 13 Jun 2019 13:59:26 +0000
Today we're going to take a look at the well-established Carnival Corporation (NYSE:CCL). The company's stock received…
Princess Cruises Serves Up Sip + Sail Offering Free Beverage Packages for All
Thu, 13 Jun 2019 12:02:00 +0000
SANTA CLARITA, Calif. , June 13, 2019 /PRNewswire/ — For a limited time, Princess Cruises is once again offering its Sip + Sail promotion, serving up an incredible value with free beverage packages to …
Give Your Family the World on a Holland America Line Cruise
Wed, 12 Jun 2019 19:00:00 +0000
Family-focused activities, shore excursions, dining and staterooms make a cruise an ideal vacation. SEATTLE, June 12, 2019 /PRNewswire/ — Cruising has long been known as one of the best vacation values there is for families, extended multi-generational family groups and friends traveling together with their families. You can still enjoy a cruise this summer with Holland America Line's “Who's in Your Crew?” promotion featuring fares that are up to 50 percent off select Alaska and Europe cruise fares. Later, the entire family can come together to share the day's highlights over freshly made pasta at Canaletto.
Carnival Corporation's Brands Lead Cruise Industry with Sailings to Panama Canal
Wed, 12 Jun 2019 12:30:00 +0000
NYSE: CUK), the world's largest leisure travel company, has established its position as the leader in Panama Canal cruises, with more ships sailing to and through one of the world's greatest marvels than any other cruise provider. Six of Carnival Corporation's global cruise line brands will sail partially or completely through the Panama Canal during its upcoming peak season, which will run from fall 2019 through spring 2020. This will be the third full cruise season since the Canal's historic 2016 expansion.
Princess Cruises Launches Sun-Drenched Deals to Leading Worldwide Destinations
Tue, 11 Jun 2019 19:02:00 +0000
Guests Save Up to 35%, Plus $99 Fares for Third and Fourth Guests per Stateroom SANTA CLARITA, Calif. , June 11, 2019 /PRNewswire/ — Starting today, Princess Cruises is offering its annual Sun-Drenched …
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