Royal Caribbean (RCL) Recently Broke Out Above the 20-Day Moving Average
RCLRoyal Caribbean Cruises .(RCL) ZACKS·2024-09-12 22:35

Royal Caribbean (RCL) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, RCL crossed above the 20-day moving average, suggesting a short-term bullish trend. The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages. Sim ...