Royal Caribbean Cruises Ltd. (RCL) Shares are Up 3.68%

Royal Caribbean Cruises Ltd. (RCL) has been under a strong bear grip, hence the stock is down -2.45% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.05% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.68% in the last 1 week, and is up 4.14% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Royal Caribbean Cruises Ltd. (NYSE:RCL): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $72.71 and $71.74 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $73.02. The buying momentum continued till the end and the stock did not give up its gains. It closed at $72.98, notching a gain of 0.86% for the day. The total traded volume was 1,897,740 . The stock had closed at $72.36 on the previous day.


The stock has recorded a 20-day Moving Average of 4.66% and the 50-Day Moving Average is 0.75%. Royal Caribbean Cruises Ltd. has dropped 0.63% during the last 3-month period . Year-to-Date the stock performance stands at -27.17%.

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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