A Technical Look At 2 Stocks: Royal Caribbean Cruises Ltd. (RCL), Tesla, Inc. (TSLA)

Royal Caribbean Cruises Ltd. (NYSE:RCL) recorded a trading volume of 1.8 million shares, above its 90-day volume average of 1.63 million shares. The stock kicked off the session at $121.86 and later approached $123.66 with a change of 1.64%.

Royal Caribbean Cruises Ltd. (RCL) Analyst Opinion

Royal Caribbean Cruises Ltd. has a consensus outperform rating from 22 Wall Street analysts, and the number of shares currently sold short amount to at least 2.59% of shares outstanding. The stock spiked 4.07% last month and is up 50.73 this year. Wall Street is only getting more bullish on the stock, with 18 of analysts who cover RCL having a buy-equivalent rating. Analysts have placed a $129.28 price target on Royal Caribbean Cruises Ltd., suggesting a 4.54% gain from recent close. It’s currently trading about -1.07% below its 52-week high.

Royal Caribbean Cruises Ltd. Earnings Surprise

Royal Caribbean Cruises Ltd. (RCL) surprised the stock market in its last reported earnings when it earned $1.71 a piece versus the consensus-estimated $1.67. Its revenue totaled $2.19 billion up 9.21% from the previous quarter.

Royal Caribbean Cruises Ltd. (NYSE:RCL) Intraday View

This stock (RCL) is ahead of its 52-week low with 83.12%. Its last month’s stock price volatility remained 1.99% which for the week stands at 2.23%. The share price has moved forward from its 20 days moving average, trading at a distance of 4.24% and stays 3.99% away from its 50 days moving average. Over the last five days, shares have managed 4.61% gains and now is up 17.96% since hitting its 200-day moving average of $110.9. Royal Caribbean Cruises Ltd. (RCL) has made its way to a 12-month gain of 65.21%.

Turning to Tesla, Inc. (NASDAQ:TSLA), its shares were trading at $355.33 a gain of $0.32, on the trading floor. The stock, after opening at $356, touched a high of $357.43 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.8. Tesla, Inc. has 4 buy ratings, 8 holds and 2 sells even after the stock tumbled -8.8% from its high of $389.61 to a $59.04 billion market value through last close.

Tesla, Inc. (TSLA) Consensus Price Target

The company’s consensus rating on Reuter’s scale improved from 2.81 to 2.91 during a month. Analysts set a 12-month price target of $319.94 a share. The target implies a -9.96% decrease from where the shares are currently trading. Also, the current price highlights a discount of 30.58% to analysts’ high consensus price target.

Tesla, Inc. (NASDAQ:TSLA) Intraday Trading

The counter witnessed a trading volume of 4.17 million shares versus an average volume of 6.88 million shares during last trading session. Its last month’s stock price volatility remained 2.75% which for the week approaches 2.97%. The lowest price the stock reached in the last trading day was $351.35 and compares with the $178.19 52-week low. The stock recovered 99.41% since its low point and has performed 66.28% year-to-date.

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