Ichimoku Cloud Conversion Line at 113.59 for Royal Caribbean Cruises Ltd. (NYSE:RCL): Technicals in Focus

With the stock market continuing to move higher, investors may be searching for stocks that are still fairly undervalued. This may involve doing a little bit more homework than usual. Spotting those names that have been cast aside and not garnering much recent attention might be a good place to start. Putting in a few extra hours of stock research may provide some good options for buying on the next big dip. Of course, nobody can say for sure how long the markets will continue to climb. Being ready for a pullback can help if investors already have some names in mind that they are looking to scoop up when they fall to a certain level. Tracking the technicals and staying up on the fundamentals should help investors hone in on the next wave of stocks to add to the portfolio.

Traders employing technical analysis will note that the Chaikin Money Flow 20 day indicator on shares of Royal Caribbean Cruises Ltd. (NYSE:RCL) is 0.32587837. This indicator measures money flow volume during a specified period. The value will stay between 1 and -1 and it can be used to gauge changes is selling and buying pressure.

Traders have many tools that they can use when surveying a particular stock. Watching the Moving Average Rating, we can see that the indicator is currently pointing to a “Strong Buy” for Royal Caribbean Cruises Ltd. (NYSE:RCL). Looking at the Oscillator Rating, we can see that the current reading is a “Neutral”.  Investors will be closely watching stock action over the next few sessions to see how the stock performs.

Investors often track volatility data while studying potential stocks. Currently, the stock’s volatility reading is standing at 2.94038548. In general, the higher the volatility, the riskier the stock. Looking out over the past week, volatility is noted at 2.40537188. For the last month, volatility is at 2.11933959. Tracking the Bull Bear Power indicator, the value is currently 1.93803688.

The Simple Moving Average or SMA is an unweighted MA. At the end of every session, the oldest data point drops off, and the newest is added. Focusing on some popular SMA levels, we note that the 200 day is 115.9407465, the 100 day is noted at 109.59125, and the 50 day clocks in at 107.2788. Looking at some other SMA levels, we see that the 10 day is 113.9705, the 20 day is 110.2285, and the 30 day is 107.8998333.

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The stock’s Hull Moving Average is currently 114.1405. Developed by Alan Hull, this fast and smooth moving average helps eliminate lag and improve smoothing. Typically, if the HMA is going higher, the trend is rising. On the other end, a falling HMA may point to a declining trend.

Looking closer at shares of Royal Caribbean Cruises Ltd. (NYSE:RCL), investors will be watching the stock to see how it performs over the next couple of sessions. Investors often like to track historical highs and lows over certain periods in order to help with stock analysis. We can now take a brief look at some historical highs and lows for the stock:

All time low: 5.4
All time high: 135.65
3 month low: 100.64
3 month high: 124.45
1 month low: 100.64
1 month high: 115.63
6 month low: 100.64
6 month high: 131.04
1 year low: 89.48
1 year high: 133.6

Technical investors and traders often look to create winning charts with previously successful indicators. Figuring out the best indicators to follow may take some time and effort. Many traders will find a perfect combination of technicals that they depend on to enter or exit trades. Taking a look at some Ichimoku indicator information, we see that the Ichimoku Cloud Base Line level is 108.135. The Ichimoku Could Conversion Line reading is 113.59. From another angle, the Ichimoku Lead 1 is presently 105.415, and the Lead 2 level is 109.7975.

Investors often have to make the decision of how aggressive they are going to invest. Some investors looking to make a quick dollar may jump in head first without a plan. This can be dangerous for the health of the portfolio in the long-term. Taking a chance on a risky stock may provide high returns, but investors often need to calculate whether the risk is worth the reward. Managing that risk in turbulent markets may help keep the average investor afloat when the markets inevitably turn sour for an extended period. Doing all the necessary stock research may include keeping a close tab on technicals, fundamentals, relevant economic data, and earnings reports. Investors may have to find a way to keep the rational side from being consumed by irrational behavior when studying the markets.