---
title: "Dock This Cruise Stock Next Month, Says Signal"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284819350.md"
description: "Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) stock is currently up 3.3% at $18.38, buoyed by Royal Caribbean's strong earnings. However, NCLH faces a historically bearish May, averaging a 3% loss over the past decade, with a 70% loss rate. The stock is down 18% in 2026 and has a poor post-earnings reaction history. The options market anticipates a 10.7% price move for Tuesday, with traders showing increased bullish sentiment, as indicated by a high call/put volume ratio."
datetime: "2026-04-30T18:27:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284819350.md)
  - [en](https://longbridge.com/en/news/284819350.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284819350.md)
---

# Dock This Cruise Stock Next Month, Says Signal

**Norwegian Cruise Line Holdings Ltd (NYSE:NCLH)** stock is up 3.3% to trade at $18.38 at last glance, the **cruise name** getting a halo lift from Royal Caribbean's (RCL) stellar earnings report. Despite today's pop, NCLH is entering a historically bearish month and is staring down its own quarterly report before the open Monday, May 4.

Per Senior Quantitative Analyst Rocky White, NCLH is one of the 25 worst-performing stocks on the S&P 500 Index (SPX) during May, in the last 10 years. Per the table below, the stock averaged a 3% loss in May over the last decade, with a 70% monthly loss rate. That's the fourth-worst performance on the list.

A move lower of similar magnitude would have the shares trading at their lowest level of the year, near a double bottom at $17.50. The equity is down 18% already in 2026.

Norwegian stock also has a rather lackluster history of post-earnings reactions. Going back two years, shares have finished lower six times after the last eight reports, including a 10.5% bear gap in March. The options market is pricing in a 10.7% move -- regardless of direction -- for Tuesday's trading, much larger than the average move of 8.8% in the last two years.

Options traders have been much bullish than usual. The stock's 10-day call/put volume ratio of 5.20 on the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) ranks higher than 88% of all other annual readings.

### Related Stocks

- [NCLH.US](https://longbridge.com/en/quote/NCLH.US.md)
- [NCL.US](https://longbridge.com/en/quote/NCL.US.md)
- [RCL.US](https://longbridge.com/en/quote/RCL.US.md)
- [AWAY.US](https://longbridge.com/en/quote/AWAY.US.md)
- [BEDZ.US](https://longbridge.com/en/quote/BEDZ.US.md)
- [PEJ.US](https://longbridge.com/en/quote/PEJ.US.md)
- [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md)

## Related News & Research

- [Stop Overthinking and Make This Contrarian Options Trade on Norwegian Cruise Line Stock](https://longbridge.com/en/news/286580623.md)
- [BUZZ-Royal Caribbean shares fall to one-year low after Mexico rejects water park](https://longbridge.com/en/news/287082800.md)
- [Mexico to reject Royal Caribbean 'Perfect Day' project, minister says](https://longbridge.com/en/news/286969776.md)
- [Passumpsic Savings Bank Invests $1.52 Million in Royal Caribbean Cruises Ltd. $RCL](https://longbridge.com/en/news/286749658.md)
- [Research Alert: Rcl: Mexico Setback Threatens Key Growth Catalyst; Maintaining Hold Opinion](https://longbridge.com/en/news/287093698.md)