The Chart of the Day is Norwegian Cruise Lines (NASDAQ:NCLH). I found the stock by sorting All Time High list for the most frequent new highs in the last month then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 10/28 the stock gained 15.26%.

Norwegian Cruise Line is a cruise line operator. It offers cruise itineraries in various locations, including destinations in the Caribbean, Bermuda, the Bahamas, Mexico, Alaska, Europe, Hawaii, New England, Central America, North Africa, and Scandinavia. The company markets its services primarily through retail/travel agents.

Barchart’s Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the web site when you read this report.

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 20 new highs and up 30.42% in the last month
  • Relative Strength Index 77.12%
  • Barchart computes a technical support level at 40.60
  • Recently traded at 41.77 with a 50 day moving average of 30.42
  • Fundamental factors:

  • Market Cap $8.49 billion
  • P/E 20.69
  • Revenue expected to grow 18.20% this year and another 14.20% next year
  • Earnings estimated to increase 63.80% this year, an additional 14.30% next year and continue to increase at an annual rate of 33.60% for the next 5 years
  • Wall Street analysts issued 4 strong buy, 5 buy and 5 hold recommendations on the stock.
  • The 50 – 100 day MACD Oscillator has been the most consistent trading strategy on this stock and should be used as an exit point.

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