Technical Breakout Setups. Analyze the stocks with the best technicals forming a breakout setup pattern at the moment.
New York Stock Exchange, Inc. / Consumer Discretionary / Hotels, Restaurants & Leisure
Overall NCLH gets a technical rating of 7 out of 10. In the last year, NCLH was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, NCLH also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.57, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NCLH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
16.01
When analyzing the support we can see 3 important areas.
- A support zone ranging from 25.10 to 25.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.25 from a trend line in the weekly time frame.
- Support @16.17 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 25.69 to 26.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @28.35 from a horizontal line in the daily time frame.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.01 | 25.09 | 0.92 (3.54%) | 25.00% |
| An entry @26.01. This is a Buy Stop order right above the resistance zone. | An exit @25.09. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.92 points, which is 3.54%. | For a 0.88% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NCLH. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.