TRIP.COM GROUP LTD.
TRIP.COM GROUP LTD.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: TCOM
ISIN:

TRIP.COM GROUP LTD. - Daily - Technical analysis published on 01/09/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 36.60 USD
My targets
40.18 USD (+6.27%)
41.36 USD (+9.39%)
My analysis
TRIP.COM GROUP LTD. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 36.60 USD. The next resistance located at 40.18 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 41.36 USD. After this resistance, buyers could then target 44.57 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The TRIP.COM GROUP LTD. rating is 37.81 USD. The price registered a decrease of -0.13% on the session and was between 37.68 USD and 38.19 USD. This implies that the price is at +0.35% from its lowest and at -1.00% from its highest.

37.68
38.19
37.81

Here is a more detailed summary of the historical variations registered by TRIP.COM GROUP LTD.:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this TRIP.COM GROUP LTD. chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : Daily


Doji

Type : Neutral

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 35.29 36.60 37.76 37.81 40.18 41.36 44.57
Change (%) -6.66% -3.20% -0.13% - +6.27% +9.39% +17.88%
Change -2.52 -1.21 -0.05 - +2.37 +3.55 +6.76
Level Minor Major Major - Major Intermediate Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard36.4236.7437.3037.6238.1838.5039.06
Camarilla37.6237.7037.7837.8637.9438.0238.10
Woodie36.5436.8037.4237.6838.3038.5639.18
Fibonacci36.7437.0837.2837.6237.9638.1638.50


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard32.3033.8436.0437.5839.7841.3243.52
Camarilla37.2237.5637.9138.2538.5938.9439.28
Woodie32.6434.0136.3837.7540.1241.4943.86
Fibonacci33.8435.2736.1537.5839.0139.8941.32


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard29.8831.1533.5834.8537.2838.5540.98
Camarilla34.9935.3335.6736.0136.3536.6937.03
Woodie30.4631.4434.1635.1437.8638.8441.56
Fibonacci31.1532.5633.4434.8536.2637.1438.55

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 66.32
MACD (12,26,9): 0.9900
Directional Movement: 21.41
AROON (14): 78.57
DEMA (21): 36.83
Parabolic SAR (0,02-0,02-0,2): 33.78
Elder Ray (13): 1.60
Super Trend (3,10): 35.18
Zig ZAG (10): 37.86
VORTEX (21): 1.1600
Stochastique (14,3,5): 79.80
TEMA (21): 37.70
Williams %R (14): -23.90
Chande Momentum Oscillator (20): 4.10
Repulse (5,40,3): 3.1900
ROCnROLL: 1
TRIX (15,9): 0.2200
Courbe Coppock: 20.73
MA7: 37.21
MA20: 35.12
MA50: 34.66
MA100: 35.25
MAexp7: 37.18
MAexp20: 35.77
MAexp50: 35.07
MAexp100: 35.23
Price / MA7: +1.61%
Price / MA20: +7.66%
Price / MA50: +9.09%
Price / MA100: +7.26%
Price / MAexp7: +1.69%
Price / MAexp20: +5.70%
Price / MAexp50: +7.81%
Price / MAexp100: +7.32%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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