Overall market sentiment has been down on Carnival Corp (CCL) stock lately. CCL receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Carnival Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CCL!
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With CCL Stock Today?
Carnival Corp (CCL) stock is lower by -2.38% while the S&P 500 is higher by 0.18% as of 10:04 AM on Monday, Jul 25. CCL has fallen -$0.22 from the previous closing price of $9.26 on volume of 8,471,948 shares. Over the past year the S&P 500 is lower by -10.26% while CCL has fallen -60.97%. CCL lost -$8.09 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Carnival Corp click here.
More About Carnival Corp
Carnival is the largest global cruise company, with 91 ships in its fleet at the end of fiscal 2021, with all of its capacity set to be redeployed in 2022. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe; and P&O Cruises in Australia. Carnival also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted about 13 million guests in 2019, prior to COVID-19.
Click Here to get the full Stock Report for Carnival Corp stock.