Best ways to trade: Royal Caribbean Cruises Ltd.

Ticker: RCL
Asset type: Stocks
Last updated: Saturday, March 02, 2024 at 08:00 AM

Follow the section below to learn how to trade. Remember that past results are not necessarily indicative of future results. Learn more in the disclaimer. Pine Script™ is registered by TradingView Inc, for more info click here.

How easy it is to trade Royal Caribbean Cruises Ltd.

Let’s start with a general overview of the asset to understand how it has performed in the past. This section compares how the traders perform, analyzing those we monitor. The most critical data are the max return from the best trader, how many are profitable, and our score, which measures how much is easy compared to other assets of the same type.

Traders results for Royal Caribbean Cruises Ltd. (RCL)
WTT easy score
5/5
This indicator expresses how easy it was to trade in the last week

Let’s analyze the details of what happened:

Active Traders
111 of 3840
Traders still trading this asset

How many traders are trading Royal Caribbean Cruises Ltd.?

The strategies of 3840 traders are under continuous monitoring. On 02-03-2024, 111 traders were actively engaged in Royal Caribbean Cruises Ltd. trading. This denotes Royal Caribbean Cruises Ltd. as not as widely sought-after as an asset.
All time return
34.06%
Highest return between our traders

What was the best return trading Royal Caribbean Cruises Ltd.?

When examining a total of 111 traders, we observe the best return to be 34.06% on Royal Caribbean Cruises Ltd..
Profitable traders
46.94%
How many are profitable

How many traders are profittable day trading Royal Caribbean Cruises Ltd.?

At the moment 46.94% of the traders are creating some profit from their strategies.
Best Trading Strategy
Momentum
The most effective trading strategy

Which day trading strategy is the most efective for Royal Caribbean Cruises Ltd.?

In the last period Momentum has been the most effective trading strategy.

If you don’t know what a trading strategy is, please check the training section(Trading Strategies).

Traders attitude
risk-on
Traders attitude in the last 7 days

What is the opinion of traders on the value of Royal Caribbean Cruises Ltd.?

The current attitude of the investors regarding the asset is risk-on.

Best trading strategy for Royal Caribbean Cruises Ltd. (BETA)

In this section, we are going to detail the trading strategy that is currently the most effective. Please refer to the training (trading strategies) section for more information. This strategy is created by analyzing thousands of strategies and combining the best features to form a new, optimized approach. We advise that this new feature is currently in BETA testing phase (Hazel AI system). Please be aware of its experimental nature and potential for unexpected issues or limited functionality.

Strategy Class
Momentum
Current best
Annual return
0.93%
Estimated of the annual return
Time scale
1m
Current best
Win Trades
0
% win trades
Num trades
45
Trades executed
Free Trading Strategy!

Subscribe to the free version and download the strategy.

Download the strategy for Royal Caribbean Cruises Ltd.

Pine script is a system created by TradingView to backtest trading strategies and create custom indicators.

 

Let’s analyze the details of the strategy: 

Indicators

Explore the following key trading indicators that can help analyze price movements and guide trading decisions for Royal Caribbean Cruises Ltd..
MACD
12/26/9
First indicator

Best lagging indicator for Royal Caribbean Cruises Ltd.

 The first indicator is the most important for a strategy; what you find here are the parameters that must be used operationally.

RSI
4/19/68
Second indicator

Best leading indicator for Royal Caribbean Cruises Ltd.

 The second indicator is also quite important for a strategy; Using two technical indicators in a strategy provides more confirmation and reduces false signals, leading to improved decision-making and potentially higher accuracy in identifying market trends and entry/exit points.

Macro Indicator
Go Premium to see it

Best macro indicator for Royal Caribbean Cruises Ltd.

The third indicator focus on economic, financial, or geopolitical factors that impact asset prices. Fundamental indicators may include interest rates, economic growth, earnings reports, and news events. 

Entry point strategy

Discover potential entry points for Royal Caribbean Cruises Ltd..
Main entry strategy
RSI < 19 and MACD > signal
The current best strategy for entry

Technical indicator entry strategy for Royal Caribbean Cruises Ltd.

When combining indicators in a trading strategy for entry points, one approach is to look for convergence or agreement between multiple indicators. For example, if both the moving average crossover and the relative strength index (RSI) indicate a bullish signal, it strengthens the likelihood of a successful trade. This convergence provides more confidence in the entry point and increases the probability of a favorable outcome.

Other entry strategy
Go Premium to see it

Other entry strategy for Royal Caribbean Cruises Ltd.

Available only in the premium version.

Alerts to monitor
Go Premium to see it

Alerts to monitor for Royal Caribbean Cruises Ltd.

Available only in the premium version.

Exit point strategy

Discover potential exit points for Royal Caribbean Cruises Ltd..
Main exit strategy
RSI > 68 and MACD < signal
The current best strategy for exit

Best exit strategy for Royal Caribbean Cruises Ltd.

here you can find the detail for Implement an effective exit strategy for Royal Caribbean Cruises Ltd..
Alerts to monitor
Go Premium to see it

Alerts to monitor for Royal Caribbean Cruises Ltd.

Available only in the premium version.

Trading guide for Royal Caribbean Cruises Ltd.

WTT score
5/5
Taking a closer look at Royal Caribbean Cruises Ltd., this analysis wants to shed light on what the trading experience is. The Royal Caribbean Cruises Ltd. is witnessing a sharp increase in value, signaling a bull market. Royal Caribbean Cruises Ltd. can be traded with minimal friction by investors. Investors should brace for substantial price oscillations. After careful consideration of the aforementioned factors, it becomes evident that trading with Royal Caribbean Cruises Ltd. is highly advised.
Pro
– Potential for substantial returns due to extreme price movements.

– The market’s vigorous uptrend signals an opportune moment for capitalizing on bullish momentum.

Cons
– Excessive volatility can result in rapid capital erosion.

– Heightened risk of market corrections during strong uptrends.

Trend analysis

This section lists the main factor or risks of trading this product. Like the previous insights, we use data from our traders to analyze the risk factor of the asset. The most crucial point is how many traders are in green; a percentage below 20% indicates an investment that is very difficult to trade. 

Trend analysis for Royal Caribbean Cruises Ltd. (RCL)

Market regimes are periods of persistent market conditions. They affect the relevance of investment factors and the success of trading strategies. 

How long the situation will stay similar for Royal Caribbean Cruises Ltd.?

In this section discusses whether market conditions will persist for Royal Caribbean Cruises Ltd..Market sentiment at the moment can be characterized as risk on. Over the past few weeks, the market has experienced an oscillation of 0.69 points, exhibiting a upward trend over 37761 periods. The market appears to be in a persistent phase. The market has exhibited substantial price fluctuations, highlighting upward momentum that may present profitable investment opportunities.
How long is lasting?
439 Days
The number of days this trend is lasting

How long this trend is lasting for Royal Caribbean Cruises Ltd.?

Alerts and risk factors

These are factors that can potentially change the perception of the stock. These factors can lead to a change in the regime. Please refer to the training section for more information.

Risk factor 1

Headline Risk
Type: News

What is the main risk factor for Royal Caribbean Cruises Ltd.?

Risk factor 2

Reputation risk
Type: News

What is the second most important factor for Royal Caribbean Cruises Ltd.?

Go Premium to see the alerts for Royal Caribbean Cruises Ltd..

Brookers

Selecting the right broker is crucial in trading. This decision hinges on various criteria, including regional accessibility, cost-effectiveness, and compliance with local regulations. In this list, we present a concise, expert-curated list of brokers widely utilized by our seasoned traders to help you make an informed selection that aligns with your trading objectives.

Used by 32%
Exness
Used by 19%
Used by 9%
Download tested strategies now

Start to generate your second income today

Create a free account to continue and enjoy access to the best trading strategies for free for TradingView.