Royal Caribbean Cruises Ltd. (RCL) Shares are Up 4.11%

Royal Caribbean Cruises Ltd. (RCL) : Traders are bullish on Royal Caribbean Cruises Ltd. (RCL) as it has outperformed the S&P 500 by a wide margin of 7.63% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.94%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.11% in the last 1 week, and is up 7.06% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 8.75% and the 50-Day Moving Average is 7%.The 200 Day SMA reached 0.81%


Royal Caribbean Cruises Ltd. (NYSE:RCL): After opening at $74.51, the stock dipped to an intraday low of $73.96 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $75.725 and the buying power remained strong till the end. The stock closed at $74.95 for the day, a gain of 0.94% for the day session. The total traded volume was 1,932,554. The stocks close on the previous trading day was $74.95.

Royal Caribbean Cruises Ltd. (RCL) : The highest level Royal Caribbean Cruises Ltd. (RCL) is projected to reach is $101 for the short term and the lowest estimate is at $71. The consolidated price target from 7 rating analysts who initiate coverage on the stock is $92.71 and the possibility the share price can swing is $10.28.

Royal Caribbean Cruises Ltd. (Royal Caribbean) is a cruise company. The Company owns various brands, such as Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisieres de France and a 50% joint venture interest in TUI Cruises. Together, these six brands operate a combined 43 ships in the cruise vacation industry with an aggregate capacity of approximately 105,750 berths. The Companys ships operate on a selection of itineraries that call on approximately 480 destinations on all seven continents. Royal Caribbean International offers a variety of itineraries, including Alaska, Asia, Australia, Bahamas, Bermuda, Canada, the Caribbean, Europe, the Panama Canal, South America and New Zealand. Celebrity Cruises offers a variety of itineraries, including Alaska, Asia, Australia, Bermuda, Canada, the Caribbean, Europe, Hawaii, New Zealand, the Panama Canal and South America.

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