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Are Vacations Back? Royal Caribbean Cruises Earns 83 RS Rating

On Thursday, Royal Caribbean Cruises (RCL) cleared an important technical benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 83, up from 80 the day before.




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When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

This proprietary rating tracks technical performance by showing how a stock’s price action over the last 52 weeks measures up against that of other stocks on the major indexes.

Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an RS Rating of at least 80 in the early stages of their moves.


Looking For The Best Stocks To Buy And Watch? Start Here


Royal Caribbean Cruises is working on a consolidation with a 99.34 entry. See if it can break out in volume at least 40% above average.

While EPS growth decreased in the company’s most recent performance report from 0% to -453%, the top line rose -99%, up from -101% in the prior report. The company is expected to report its latest performance numbers on or around May 20.

The company earns the No. 26 rank among its peers in the Leisure-Services industry group. Peloton Interactive Cl A (PTON) and RCI Hospitality (RICK) are also among the group’s highest-rated stocks.

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