The Centers for Disease Control and Prevention announced that it will follow a "phased approach" to resuming cruise ship operations in U.S. once the current No Sail Order expires on Oct. 31. Following the news, cruise operator stocks Royal Caribbean, Carnival and Norwegian Cruise climbed on Friday.
The initial phases will consist of placing safeguards for crew members, and the CDC will ensure that ship operators have adequate protective equipment for the crews. This will be followed by a phase where ship operators will have to build the laboratory capacity for testing passengers for covid-19. In the next phases, the cruise lines will conduct simulated voyages to test ship operators' ability to mitigate covid-19. Subject to passing the tests, ships will be certified to resume voyages.
RCL moved above its 50-day moving average on February 29, 2024 date and that indicates a change from a downward trend to an upward trend. In of 44 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on February 22, 2024. You may want to consider a long position or call options on RCL as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for RCL just turned positive on February 23, 2024. Looking at past instances where RCL's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RCL advanced for three days, in of 311 cases, the price rose further within the following month. The odds of a continued upward trend are .
RCL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 262 cases where RCL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The 10-day moving average for RCL crossed bearishly below the 50-day moving average on February 12, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where RCL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. RCL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.752) is normal, around the industry mean (12.526). P/E Ratio (19.693) is within average values for comparable stocks, (60.702). Projected Growth (PEG Ratio) (0.571) is also within normal values, averaging (1.989). Dividend Yield (0.000) settles around the average of (0.032) among similar stocks. P/S Ratio (2.530) is also within normal values, averaging (27.938).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. RCL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock better than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
an operator of a fleet of cruise ships
A.I.dvisor indicates that over the last year, RCL has been closely correlated with CCL. These tickers have moved in lockstep 78% of the time. This A.I.-generated data suggests there is a high statistical probability that if RCL jumps, then CCL could also see price increases.