NCLH Stock Price: Norwegian Cruise Line struggles near $17.00

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) finds resistance around $17.00.
US benchmark stock indices started the week on a strong note.

FXStreet Team FXStreet

Shares of Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) are trading below the $17.00 mark, after treading water and losing less than 1% on Tuesday's quiet trading session.

Bigger picture, Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is still in range-trading mode, as market participants keep digesting Friday’s strong advance of around 11%. Indeed, the cruise operator was up sharply at the end of last week after Barclay’s analysts shifted their view to bullish on that particular industry, noting it has clinched an inflection point following the coronavirus crisis.

NCLH Stock Forecast

At the moment Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is up 0.3% at $16.68 and faces the next support at $15.78 (55-day SMA) followed by $14.63 (low Sep.24) and finally $12.56 (monthly low Aug.3). On the upside, a break above $16.95 (high Sep.28) would expose $19.20 (monthly high Sep.3) and then $25.69 (200-day SMA).

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FXStreet Team

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