After completing its last trading session, Carnival Corporation (NYSE:CUK) dropped by -0.3% – here is what that looked like (as of 2019-12-26):
What’s the reason for these moves? To understand this better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.014, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.562, an Accumulation/Distribution Index (ADI) of 0.562, an On-Balance Volume (OBV) of 1232.088, and a Chaiikin Money Flow (CMF) of -48.15. 24.0
Now let’s take all these indicators into account. Consulting Trading View, this is what it all means:
So there you have it – our analysis of Carnival Corporation (NYSE:CUK). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.