Carnival's most recent trend suggests a bearish bias. One trading opportunity on Carnival is a Bear Call Spread using a strike $39.50 short call and a strike $44.50 long call offers a potential 7.53% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $39.50 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock rose above the $44.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Carnival is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Carnival is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Carnival
Holland America Line Announces Guest Competitors On The ‘Dancing With The Stars: At Sea' Champions Cruise Jan. 12, 2014
Wed, 08 Jan 2014 19:34:00 GMT
CNW Group – Holland America Line Announces Guest Competitors On The ‘Dancing With The Stars: At Sea' Champions Cruise Jan. 12, 2014
Holland America Line Announces Guest Competitors On The ‘Dancing With The Stars: At Sea' Champions Cruise Jan. 12, 2014
Wed, 08 Jan 2014 19:33:00 GMT
PR Newswire – SEATTLE, Jan. 8, 2014 /PRNewswire/ — Holland America Line has announced the 15 winning guest finalists who will compete on the “Dancing with the Stars: At Sea” Champions Cruise Jan. 12, 2014, …
Carnival plc – Voting Rights and Capital
Wed, 08 Jan 2014 15:49:22 GMT
noodls – UK RELEASE ONLY FOR IMMEDIATE RELEASE CARNIVAL PLC – VOTING RIGHTS AND CAPITAL At 9:00 a.m. Eastern Time on 31 December 2013 Carnival plc had 215,693,909 issued ordinary shares of US$1.66 each admitted …
Carnival says former Costa Cruises CEO retiring
Tue, 07 Jan 2014 19:18:54 GMT
Carnival says former Costa Cruises CEO retiring
Tue, 07 Jan 2014 19:18:44 GMT
AP – Carnival Corp. said Tuesday that the former CEO of Costa Cruises, the company behind the Concordia disaster, is retiring. Costa owns the Concordia cruise ship that capsized off the central Italian coast …
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