Signal stays open, breakeven stop now breached
Norwegian Cruise Line drops 4.3%: the week closes below the breakeven stop
Signal stays open, breakeven stop now breached
Our view last week
Norwegian Cruise Line stock stays boxed in the same tight band as last week, between the 19.3 area and the 19.9 area, with the latest bar still indecisive and the weekly ADX sliding - the trend is losing conviction. The weekly technical analysis still confirms the buy signal, in its 7th week since opening: the trade remains up 3.31%, with the stop already moved to breakeven. With earnings on the calendar this week, extra caution is warranted.
This week's summary
Norwegian Cruise Line stock drops 4.3% in a week dominated by sellers: the latest bar shows sellers extremely in control, and our weekly technical analysis flags a picture that's still undecided, with daily money flow negative and the MACD worsening. Price closed below the breakeven stop flagged in last week's card (18.75 area): for anyone following that level the trade is closed.
IQS Phase
31
ordinary
Signal Strength
86
high · wide & volatile
Sizing
FULL
Ranking
#10 / 120
US stocks in progress
Trade P&L %
-1.17%
from signal to date, no stop loss
Rank position
ranks 10th among the 120 Longs already running for US stocks in our ranking, with a signal strength of 86 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimein positive regime
Performanceweekly +6.11% · monthly -1.69%
NCLH belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified in positive regime according to our weekly reading.
restricted Platinum content