Latest news with #technicalmomentum
Yahoo
28-07-2025
- Business
- Yahoo
Royal Caribbean Stock Keeps Cruising Higher
Royal Caribbean (RCL) is showing strong technical momentum, hitting a new 52-week high on July 23. RCL has a 100% technical 'Buy' signal via Barchart. Shares are up more than 130% in the past year. Its fundamentals are solid, with projected revenue and earnings growth, but the stock is considered volatile and speculative by some analysts. Today's Featured Stock Valued at $95.8 billion, Royal Caribbean Cruises (RCL) owns and operates three global brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. Additionally, it has invested in a joint venture with TUI AG, which operates the brand TUI Cruises. The company's cruise brands primarily serve the contemporary, premium, and deluxe segments of the cruise vacation industry, which also includes the budget and luxury segments. What I'm Watching: I found today's Chart of the Day by using Barchart's powerful screening functions. I sorted for stocks with the highest technical buy signals, superior current momentum in both strength and direction, and a Trend Seeker 'buy' signal. I then used Barchart's Flipcharts feature to review the charts for consistent price appreciation. RCL checks those boxes. Since the Trend Seeker signaled a buy on May 2, the stock has gained 53.4%. More News from Barchart Warren Buffett Warns Inflation Turns Business Into 'The Upside-Down World of Alice in Wonderland' But Weeds Out 'Bad Businesses' Why GOOGL Stock May Be the Market's Next Big Winner Alphabet Posts Lower Free Cash Flow and FCF Margins - Is GOOGL Stock Overvalued? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! RCL Price vs. Daily Moving Averages: Barchart Technical Indicators for Royal Caribbean: Editor's Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report. These technical indicators form the Barchart Opinion on a particular stock. Royal Caribbean shares hit a new 52-week high on July 23, touching $355.91 in intraday trading. RCL has a 100% technical 'Buy' signal. The stock recently traded at $352.66, above its 50-day moving average of $294.34. Royal Caribbean has a Weighted Alpha of +152.99. The stock has gained 130% over the past year. RCL has its Trend Seeker 'Buy' signal intact. Royal Caribbeans is trading above its 20, 50 and 100-day moving averages. The stock made 11 new highs and gained 14% in the last month. Relative Strength Index is at 75.59%. The technical support level is $349.85. Don't Forget the Fundamentals: $95.8 billion market capitalization. Trailing price-earnings ratio of 27.4x. 0.85% dividend yield. Revenue is projected to grow 9.52% this year and another 9.71% next year. Earnings are estimated to increase 30.98% this year and increase an additional 17.20% next year. Analyst and Investor Sentiment on Royal Caribbean: I don't buy stocks because everyone else is buying, but I do realize that if major firms and investors are dumping a stock, it's hard to make money swimming against the tide. It looks like Wall Street analysts are bullish, but some major advisory sites are split. The Wall Street analysts tracked by Barchart issued 18 'Strong Buy,' one 'Moderate Buy,' and six "Hold" opinions on the stock. Value Line gives the company its above-average rating. CFRA's Market Scope rates the stock a 'Buy' with a price target of $357. Morningstar thinks the stock is 74% overvalued. 63,510 investors monitor the stock on Seeking Alpha, which rates the stock a 'Hold.' The Bottom Line: Royal Caribbean currently has momentum and is hitting new highs. It has positive sentiment from Wall Street, plus analysts project small increases in revenue and double-digit growth in earnings. I caution that RCL is volatile and speculative — use strict risk management and stop-loss strategies. Today's Chart of the Day was written by Jim Van Meerten. Read previous editions of the daily newsletter here. Additional disclosure: The Barchart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance. On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
16-07-2025
- Business
- Yahoo
This Data Center Stock Keeps Hitting New All-Time Highs
EMCOR (EME) is showing strong technical momentum, hitting a new all-time high on July 15. The stock has an 88% technical 'Buy' signal via Barchart. EME stock is trading above key moving averages, with significant price appreciation since Trend Seeker issued a 'Buy' in May. EMCOR has solid fundamentals, but its shares are considered volatile and speculative. Valued at $24.6 billion, EMCOR (EME) is one of the leading providers of mechanical and electrical construction, industrial and energy infrastructure, as well as building services for a diverse range of businesses. The company serves commercial, industrial, utility and institutional clients. One aspect of its business is supporting companies in building, powering, and servicing their data centers. EMCOR says it help makes 'hyper-scale data centers possible.' I found today's Chart of the Day by using Barchart's powerful screening functions. I sorted for stocks with the highest technical buy signals, superior current momentum in both strength and direction, and a Trend Seeker 'buy' signal. I then used Barchart's Flipcharts feature to review the charts for consistent price appreciation. EME checks those boxes. Since the Trend Seeker signaled a buy on May 1, the stock has gained 33.27%. Dear Nvidia Stock Fans, Mark Your Calendars for July 16 How to Buy Tesla for a 13% Discount, or Achieve a 26% Annual Return Retirement Ready: 3 Dividend Stocks to Set and Forget Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Editor's Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report. These technical indicators form the Barchart Opinion on a particular stock. EMCOR shares hit a new all-time high on July 15, touching $562.77 in intraday trading. EME has an 88% technical 'Buy' signal. The stock recently traded at $549.76, above its 50-day moving average of $490.56. EMCOR has a Weighted Alpha of +54.45. The stock has gained 41.13% over the past year. EME has its Trend Seeker 'Buy' signal intact. EMCOR is trading above its 20, 50 and 100-day moving averages. The stock made 14 new highs and gained 13.55% in the last month. Relative Strength Index is at 70.84%. The technical support level is $543.42. $24.6 billion market cap. Trailing price-earnings ratio of 24.45x. Revenue is projected to grow 13.05% this year and another 5.76% next year. Earnings are estimated to increase 10.50% this year and increase an additional 8.26% next year. I don't buy stocks because everyone else is buying, but I do realize that if major firms and investors are dumping a stock, it's hard to make money swimming against the tide. It looks like Wall Street analysts are bullish, but some major advisory sites aren't. The Wall Street analysts tracked by Barchart issued six 'Strong Buy,' one 'Moderate Buy,' and one 'Hold' opinions on the stock. Value Line gives the company its highest rating. CFRA's MarketScope rates the stock a 'Strong Buy.' Morningstar thinks the stock is 17% overvalued. 8,840 investors monitor the stock on Seeking Alpha, which rates the stock a 'Hold.' EMCOR currently has momentum and is hitting new highs. I caution that EME is volatile and speculative — use strict risk management and stop-loss strategies. Today's Chart of the Day was written by Jim Van Meerten. Read previous editions of the daily newsletter here. Additional disclosure: The Barchart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance. On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
