US stocks · Ongoing decline, week 7
Norwegian Cruise Line gains 3.6%: a second straight rise with money flow still negative
Our view last week
The bounce that oversold conditions hinted at has arrived: after 6 weeks of losses Norwegian Cruise Line gains 3.5%, with 73% of the weekly bar's volume on the buy side. Technical analysis of Norwegian Cruise Line stock still reads bearish, though: MACD below its Signal line, money flow negative for 7 weeks, price below the Ichimoku cloud. The short slips to +15% since entry, and price action stays in distribution, a name to watch among US stocks.
This week's summary
The bounce stretches on: Norwegian Cruise Line gains 3.6% for a second straight weekly rise, with the weekly RSI back up to 37.7 and money flow less negative. Technical analysis of Norwegian Cruise Line stock still reads bearish underneath: MACD below its Signal line for 7 weeks, price under the Ichimoku cloud, price action still in distribution. The short slips to +12% since entry, a trade setup to track at the 7-day high, in the 15.3 area.
IQS Phase
75
in tension
Signal Strength
2
decline losing steam
Sizing
MINIMUM
Ranking
#164 / 175
US stocks
Trade P&L %
+12.18%
from signal to date, no stop loss
Norwegian Cruise Line (NCLH) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 164th among the 175 sell signals for US stocks in our ranking, with a signal strength of 2 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimeweak phase
Performanceweekly -0.47% · monthly -4.20%
NCLH belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified weak phase according to our weekly reading.
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