Traders tracking CCL stock price today at $16.37 see chart signals aligning with the broader travel & leisure index, which has shown slight underperformance in the past week. Carnival reported that its revenue increased 3.25% year-over-year (Y/Y) to $8.153 billion and its cash flow from operations rose 14.77% Y/Y to $1.383 billion. Additionally, its 9-month revenue was up +6.34% Y/Y. Now, given that the cruising market could always turn if the economy weakens, I'd still like to see the company continue to lower its debt. But overall, it's taking a nice, disciplined approach to adding new ships while benefiting from strong occupancy and high prices. It's also been able to boost its credit rating and refinance to lower-cost debt, helping lower its interest expense. With CCL stock price today floating at $16.35, momentum indicators suggest sideways trading until new earnings guidance is released. Seasonal weather risk continues to be priced in.