Carnival's most recent trend suggests a bullish bias. One trading opportunity on Carnival is a Bull Put Spread using a strike $37.00 short put and a strike $32.00 long put offers a potential 5.26% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $37.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $32.00 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 51.69 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Carnival
Royal Caribbean's ‘floating' business
Fri, 25 Apr 2014 19:14:00 GMT
This ‘Hated' Tourism Stock Offers 25% Upside
Fri, 25 Apr 2014 18:00:00 GMT
3 Leisure Stocks Nudging The Industry Higher
Thu, 24 Apr 2014 17:02:00 GMT
Carnival To Add Third Year-Round Ship In Galveston; Carnival Freedom Joins Carnival's Texas Fleet In February 2015
Thu, 24 Apr 2014 14:32:00 GMT
PR Newswire – MIAMI, April 24, 2014 /PRNewswire/ — Carnival Cruise Lines – Texas' number one cruise line – will add a third year-round ship in Galveston when Carnival Freedom launches a seven-day cruise schedule in February 2015, marking the first time that a cruise line has deployed three year-round ships in Texas. Carnival's repositioning of Carnival Freedom represents a 38 percent capacity increase for the line in Galveston, carrying more than 600,000 guests a year from that port – the most of any cruise operator.
Princess Cruises Celebrates 50th Anniversary with Nostalgic Sailing to Mexico
Tue, 22 Apr 2014 20:31:00 GMT
PR Newswire – SANTA CLARITA, Calif., April 22, 2014 /PRNewswire/ — To cap a year of 50th anniversary activities, Princess Cruises, which celebrates the five decade mark in 2015, has created a special Mexico itinerary departing on December 3, 2015 – exactly 50 years to the day that the line's original ship, Princess Patricia, set sail on the company's very first cruise in 1965. Offered on the intimate Pacific Princess, next year's unique sailing is the same length as the company's first cruise – 14 days – and will include a blend of ports from the maiden itinerary such as Puerto Vallarta, Mazatlan and Manzanillo, with some newer destinations such as La Paz and Loreto. This anniversary sailing on Pacific Princess, which carries 670 guests, is available for sale on May 13 and fares start at $1,699 per person, double occupancy. “This nostalgic cruise to Mexico will be the perfect finale to what's sure to be a special 50th anniversary year for Princess,” said Jan Swartz, Princess Cruises president.
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