Travel-leisure split hard along a line airlines already drew this scan: cruise lines cratered while lodging and booking held up or extended. Carnival ($CCL) and Norwegian Cruise Line ($NCLH) both flipped to strong-down with confirmed death crosses — the same signal showing up in airline names this scan — while Airbnb ($ABNB) and Expedia ($EXPE) are up 48% and 57% over the past year and still comfortably above their 200-days. The trap is Booking Holdings ($BKNG): its 30-day change accelerated to +17.86% and its death-cross flag resolved, but it's still down 8.23% over the past year and lagging the market by 30 points of alpha — the short-term technicals look good enough to hide a weak year.

Data as-of the 2026-08-21 close (Friday's settled tape, scanned Monday 2026-08-22) for all eight tickers. All numbers from the pre-computed travel-leisure summary. Comparison scan: the August 14, 2026 close — no 2026-08-21-dated travel-leisure scan exists to compare against, so this covers an eight-day gap, not a single scan cycle.

The eight tracked travel-leisure names split cleanly this scan. Carnival's RSI dropped from 53.1 to 38.0 and its trend flipped from strong-up to strong-down with a confirmed death cross; its 30-day change swung from +6.31% to -1.42% and its weekly print worsened to -8.53%. Norwegian Cruise Line kept deteriorating from an already-broken position: RSI eased from 47.4 to 38.7, its 30-day change worsened further to -10.81% (was -3.65%), and its 52-week-high gap widened to -36.57%, still the sector's worst. Royal Caribbean also broke down this scan — trend flipped from strong-up to weak-down, RSI easing from 48.5 to 40.4 — putting all three of the sector's cruise names into some form of breakdown.

The lodging and booking side told a different story. Airbnb's RSI eased slightly (75.0→71.8) but its 30-day change accelerated to +33.74% and it remains 37.5% above its 200-day with a 48.15% one-year gain — the sector's clearest secular winner, extended but not broken. Expedia pulled back from last scan's overbought extreme (RSI 73.9→62.0, weekly print reversing to -3.32%) while still holding a 56.63% one-year gain and 26.0% distance above its 200-day, the strongest long-horizon read in the group. Marriott and Hilton both continued basing, roughly flat on the week, with solid one-year gains (+35.89% and +21.34%) and alpha that's positive or near-flat. Booking Holdings is worth flagging separately: its death-cross flag resolved and its 30-day change accelerated to +17.86%, RSI easing off an extended 69.4 to a more moderate 60.8 — on the short window alone this reads as healthy consolidation. But Booking is still down 8.23% over the past year and lagging the market by 30.05 points of alpha, nearly identical to Royal Caribbean's -31.98 — the improving short-term technicals are masking a genuinely weak year, the same trap this scan's chemicals read flags in Sherwin-Williams and Ecolab.

The cruise-line breakdown here — Carnival, Norwegian, and now Royal Caribbean — reads as the same signal driving airlines' broad deterioration this scan; both are the get-there-and-move-around side of travel demand, and both broke down together. What didn't confirm it is the book-it-here side of the same sector: Marriott, Hilton, Airbnb, and Expedia are all still basing or extending, not breaking. That divergence — transportation cratering while lodging holds — is the same pattern chemicals shows against airlines: one corner of a related demand chain breaking while an adjacent one doesn't. Cause unknown from this data; nothing in the tape says whether this is a fuel/capacity-specific hit to transportation providers or an early tell that spreads to the booking side next.

• Marriott: RSI 45.3→45.1 (flat), trend weak-down unchanged, price $356.72→$356.39, 7D +0.79%→-0.10% (reversed slightly negative), 30D -3.34%→-3.63% (roughly flat), 52-week-high gap -14.22%→-13.28% (narrowed slightly).
• Royal Caribbean: RSI 48.5→40.4 (eased), trend strong-up→weak-down (downgraded), price $305.00→$292.00, 7D -4.69%→-4.29% (roughly flat, still negative), 30D +4.39%→+2.15% (decelerated), 52-week-high gap -15.45%→-20.33% (widened).
• Booking: RSI 69.4→60.8 (eased off extended), trend "up"→strong-up (upgraded), price $212.06→$209.62, 7D -1.10%→-1.19% (roughly flat), 30D +16.01%→+17.86% (accelerated), 52-week-high gap -7.96%→-9.57% (widened slightly); death-cross flag resolved.
• Airbnb: RSI 75.0→71.8 (eased slightly), trend strong-up unchanged, price $184.06→$187.30, 7D +3.36%→+1.77% (decelerated), 30D +24.05%→+33.74% (accelerated), 52-week-high gap -1.06%→-1.00% (roughly flat, still near a new high).
• Expedia: RSI 73.9→62.0 (eased off overbought), trend strong-up unchanged, price $332.69→$321.63, 7D +7.08%→-3.32% (reversed negative), 30D +24.55%→+23.19% (roughly flat), 52-week-high gap -0.91%→-3.99% (widened off its near-high).
• Hilton: RSI 53.0→51.5 (roughly flat), trend weak-down unchanged, price $327.21→$326.63, 7D +3.03%→-0.18% (reversed slightly negative), 30D -0.39%→+0.74% (turned positive), 52-week-high gap -10.39%→-8.76% (narrowed).
• Carnival: RSI 53.1→38.0 (eased sharply), trend strong-up→strong-down (broke down, confirmed death cross), price $28.12→$25.73, 7D -3.00%→-8.53% (worsened), 30D +6.31%→-1.42% (swung negative), 52-week-high gap -18.69%→-24.39% (widened).
• Norwegian Cruise Line: RSI 47.4→38.7 (eased), trend strong-down unchanged, price $19.01→$17.24, 7D -1.25%→-9.31% (worsened sharply), 30D -3.65%→-10.81% (worsened further), 52-week-high gap -28.07%→-36.57% (widened further, still the sector's widest).

RSI (Relative Strength Index) gauges how aggressively a stock has been bought or sold over roughly the past two weeks, on a 0-100 scale — under 30 signals an oversold, potentially undervalued stretch; over 70 signals overbought, extended risk; readings in between are neutral. Trend reflects a stock's structural direction based on its moving averages over the past several weeks — it is a short-window read, not a verdict on the multi-year story. vs SMA shows how far price sits above or below its 20-day average. The one-year change and the distance from the 200-day average are the longer-horizon check: a stock trading well above its 200-day with a strong one-year gain is a secular winner even through a rough week; a stock below its 200-day with a negative one-year change and weak alpha is a trend genuinely broken, not just pulling back.

RSI < 25 (Oversold): None this scan.

RSI 25-40 (Approaching Oversold): Carnival (38.0) and Norwegian Cruise Line (38.7) sit here, both confirmed breakdowns — below their 200-days, negative on the year, and carrying the sector's worst alpha readings (-33.91 and -48.01).

RSI 40+ (Neutral-to-Strong): The other six names sit here, but the one-year window splits them. Airbnb (71.8) and Expedia (62.0) are the sector's clearest secular winners — up 48.15% and 56.63% over the year, both well above their 200-days. Marriott (45.1) and Hilton (51.5) are basing with solid, roughly market-matching one-year gains. Royal Caribbean (40.4) just broke to weak-down and is down 10.16% over the year with -31.98 alpha — a real laggard despite still sitting a hair above its 200-day. Booking (60.8) is the trap: healthy-looking short-term numbers over a year that's still down 8.23% with -30.05 alpha, nearly matching Royal Caribbean's weakness.

Does Royal Caribbean's break to weak-down deepen into the same territory Carnival and Norwegian are already in, or does it hold above its 200-day? Does Booking's improving 30-day trend eventually close its one-year gap, or is this a dead-cat bounce inside a genuinely weak year? And does the cruise-line breakdown spread to the lodging/booking side, or stay contained the way it has against chemicals this scan?

• Tape data (price/RSI/SMA/returns): pre-computed summaries as of the 2026-08-21 close — travel-leisure.
• Comparison figures: 2026-08-14-travel-leisure (2026-08-14 close; no 2026-08-21-dated travel-leisure scan exists).
• Cross-sector read: airlines, chemicals (same 2026-08-21 close).