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 04/05/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 44.57 USD

My targets

51.72 USD (+7.84%)

59.73 USD (+24.54%)

My analysis

The bullish trend is currently very strong on TRIP.COM GROUP LTD.. As long as the price remains above the support at 44.57 USD, you could try to benefit from the boom. The first bullish objective is located at 51.72 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 59.73 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

Comment on the analysis

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:

Additional analysis

Quotes

TRIP.COM GROUP LTD. rating 47.96 USD. The price is lower by -0.06% since the last closing and was traded between 47.65 USD and 48.47 USD over the period. The price is currently at +0.65% from its lowest and -1.05% from its highest.

47.65

48.47

47.96

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of TRIP.COM GROUP LTD. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near horizontal support

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	40.18	44.57	47.34	47.96	51.72	59.73
Change (%)	-16.22%	-7.07%	-1.29%	-	+7.84%	+24.54%
Change	-7.78	-3.39	-0.62	-	+3.76	+11.77
Level	Intermediate	Major	Intermediate	-	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	45.43	46.64	47.31	48.52	49.19	50.40	51.07
Camarilla	47.47	47.65	47.82	47.99	48.16	48.34	48.51
Woodie	45.17	46.51	47.05	48.39	48.93	50.27	50.81
Fibonacci	46.64	47.36	47.80	48.52	49.24	49.68	50.40

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	41.04	42.09	42.99	44.04	44.94	45.99	46.89
Camarilla	43.35	43.53	43.71	43.89	44.07	44.25	44.43
Woodie	40.97	42.05	42.92	44.00	44.87	45.95	46.82
Fibonacci	42.09	42.84	43.30	44.04	44.79	45.25	45.99

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	38.36	40.20	42.05	43.89	45.74	47.58	49.43
Camarilla	42.88	43.21	43.55	43.89	44.23	44.57	44.91
Woodie	38.36	40.20	42.05	43.89	45.74	47.58	49.43
Fibonacci	40.20	41.61	42.48	43.89	45.30	46.17	47.58

Numerical data

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

Technical indicators

Moving averages

RSI (14):	65.61
MACD (12,26,9):	1.5000
Directional Movement:	20.22
AROON (14):	92.86
DEMA (21):	47.47
Parabolic SAR (0,02-0,02-0,2):	44.80
Elder Ray (13):	1.70
Super Trend (3,10):	44.85
Zig ZAG (10):	48.00
VORTEX (21):	1.1200
Stochastique (14,3,5):	81.46
TEMA (21):	47.77
Williams %R (14):	-26.60
Chande Momentum Oscillator (20):	3.58
Repulse (5,40,3):	-1.0500
ROCnROLL:	1
TRIX (15,9):	0.3900
Courbe Coppock:	14.78

MA7:	46.96
MA20:	45.19
MA50:	42.62
MA100:	38.89
MAexp7:	47.30
MAexp20:	45.58
MAexp50:	43.00
MAexp100:	40.46
Price / MA7:	+2.13%
Price / MA20:	+6.13%
Price / MA50:	+12.53%
Price / MA100:	+23.32%
Price / MAexp7:	+1.40%
Price / MAexp20:	+5.22%
Price / MAexp50:	+11.53%
Price / MAexp100:	+18.54%

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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Londinia AI

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