Carnival's most recent trend suggests a bullish bias. One trading opportunity on Carnival is a Bull Put Spread using a strike $39.00 short put and a strike $34.00 long put offers a potential 11.11% 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 $39.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $34.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Carnival
Carnival is bringing faster Internet to the middle of the ocean
Mon, 03 Nov 2014 05:06:00 GMT
Carnival Corporation Unveils Cruise Industry's First Hybrid Wireless Network at Sea
Mon, 03 Nov 2014 05:01:00 GMT
PR Newswire – NYSE: CUK), the world's largest cruise company, today unveiled the cruise industry's first-of-its-kind hybrid wireless network – an enhanced high-speed service to eventually be rolled out to all 101 of its ships on all nine of its brands. This technology innovation is expected to revolutionize how millions of its passengers stay in touch during their cruise and generate even greater interest in cruise vacations, especially among the tech-savvy millennial generation. Carnival Corporation's backbone connectivity network, known as WiFi@Sea™, will integrate a unique combination of strategically located land-based antennas installed along cruise routes, Wi-Fi from a port connection and advanced satellites, forming an innovative network that is a first in the cruise industry on this scale. The “smart hybrid” network is designed to provide passengers and crew with faster and more stable internet access throughout their voyage – a feature becoming increasingly important to travelers of all ages looking to stay connected and share their experiences through social media.
Carnival Boosts Web Service on Ships for Social Media Age
Mon, 03 Nov 2014 05:00:01 GMT
AOL Launches “Laughs on Deck” With Carnival Cruise Lines Starring George Lopez
Thu, 30 Oct 2014 23:09:42 GMT
noodls – New Branded Series Expands Existing Advertising Partnership “Laughs on Deck” to Premiere October 30th New York, New York — October 30, 2014 — AOL today announced the launch of “Laughs …
Greater Houston's The Woodlands College Park High School Wins Carnival Cruise Lines and KHOU 11's ‘Battle Of The High School Marching Bands' Contest
Thu, 30 Oct 2014 17:12:00 GMT
PR Newswire – MIAMI, Oct. 30, 2014 /PRNewswire/ — The search is over for the “Most Spirited High School Marching Band” in Houston! Today the pride of The Woodlands College Park High School Marching Band earned the coveted title following a month-long competition sponsored by Carnival Cruise Lines and KHOU 11. More than 40 local high schools competed in “The Battle of the High School Marching Bands” contest and the winner was crowned after nearly 9,000 votes were cast by friends, family and the community. Carnival Cruise Lines and KHOU 11 representatives surprised the marching band students, faculty and the administration at The Woodlands College Park High School in The Woodlands today to share the news and invite the band to perform live on KHOU 11 News this Morning. “We were truly impressed by the tremendous show of talent, school pride and spirit from all participating high schools in the Greater Houston area,” said Jim Berra, chief marketing officer at Carnival Cruise Lines.
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