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 03/28/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 43.42 USD
My targets
47.34 USD (+6.53%)
51.72 USD (+16.38%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TRIP.COM GROUP LTD. as long as the price remains well above 43.42 USD. The buyers' bullish objective is set at 47.34 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 51.72 USD. If there is any crossing, the next objective would be the resistance located at 59.73 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.8

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. price is 44.44 USD. The price has increased by +1.83% since the last closing and was traded between 43.75 USD and 44.55 USD over the period. The price is currently at +1.58% from its lowest and -0.25% from its highest.

43.75
44.55
44.44

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by TRIP.COM GROUP LTD.:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of TRIP.COM GROUP LTD. in Daily shows a strongly overall bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Aroon indicator bearish trend

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



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

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Daily



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Downside Tasuki gap

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 40.18 41.36 43.42 44.44 44.57 47.34 51.72
Change (%) -9.59% -6.93% -2.30% - +0.29% +6.53% +16.38%
Change -4.26 -3.08 -1.02 - +0.13 +2.90 +7.28
Level Minor Intermediate Major - Major Major Minor



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
Standard42.0342.5943.1143.6744.1944.7545.27
Camarilla43.3443.4443.5443.6443.7443.8443.94
Woodie42.0242.5843.1043.6644.1844.7445.26
Fibonacci42.5943.0043.2543.6744.0844.3344.75


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard41.8142.6243.8244.6345.8346.6447.84
Camarilla44.4744.6544.8445.0245.2045.3945.57
Woodie42.0142.7244.0244.7346.0346.7448.04
Fibonacci42.6243.3943.8644.6345.4045.8746.64


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard27.3631.9738.2242.8349.0853.6959.94
Camarilla41.4842.4843.4844.4745.4746.4647.46
Woodie28.1832.3839.0443.2449.9054.1060.76
Fibonacci31.9736.1238.6842.8346.9849.5453.69

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 56.63
MACD (12,26,9): 0.7500
Directional Movement: 3.92
AROON (14): -14.28
DEMA (21): 45.05
Parabolic SAR (0,02-0,02-0,2): 42.62
Elder Ray (13): -0.08
Super Trend (3,10): 46.68
Zig ZAG (10): 44.51
VORTEX (21): 0.9600
Stochastique (14,3,5): 51.07
TEMA (21): 44.61
Williams %R (14): -41.07
Chande Momentum Oscillator (20): 0.18
Repulse (5,40,3): 0.6100
ROCnROLL: 1
TRIX (15,9): 0.3200
Courbe Coppock: 4.09
MA7: 44.51
MA20: 43.97
MA50: 41.41
MA100: 38.16
MAexp7: 44.34
MAexp20: 43.88
MAexp50: 41.86
MAexp100: 39.65
Price / MA7: -0.16%
Price / MA20: +1.07%
Price / MA50: +7.32%
Price / MA100: +16.46%
Price / MAexp7: +0.23%
Price / MAexp20: +1.28%
Price / MAexp50: +6.16%
Price / MAexp100: +12.08%

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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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