TRIP.COM GROUP LTD. - Daily - Technical analysis published on 08/13/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
44%
22%
33%
My opinion
Bearish under 44.57 USD
My targets
40.18 USD (-4.40%)
34.98 USD (-16.77%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on TRIP.COM GROUP LTD. as long as the price remains well below 44.57 USD. The sellers' bearish objective is set at 40.18 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 34.98 USD. In case of crossing, the next objective would be the support located at 32.77 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.4
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.
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Additional analysis
Quotes
The TRIP.COM GROUP LTD. rating is 42.03 USD. The price registered a decrease of -0.05% on the session and was between 41.79 USD and 42.69 USD. This implies that the price is at +0.57% from its lowest and at -1.55% from its highest.41.79
42.69
42.03
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of TRIP.COM GROUP LTD. in Daily shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 6 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
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
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 32.77 | 34.98 | 40.18 | 42.03 | 44.57 | 47.33 | 51.72 |
Change (%) | -22.03% | -16.77% | -4.40% | - | +6.04% | +12.61% | +23.05% |
Change | -9.26 | -7.05 | -1.85 | - | +2.54 | +5.30 | +9.69 |
Level | Major | Major | Major | - | Major | Major | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 41.42 | 41.66 | 41.86 | 42.10 | 42.30 | 42.54 | 42.74 |
Camarilla | 41.93 | 41.97 | 42.01 | 42.05 | 42.09 | 42.13 | 42.17 |
Woodie | 41.39 | 41.65 | 41.83 | 42.09 | 42.27 | 42.53 | 42.71 |
Fibonacci | 41.66 | 41.83 | 41.94 | 42.10 | 42.27 | 42.38 | 42.54 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 34.30 | 36.27 | 39.07 | 41.04 | 43.84 | 45.81 | 48.61 |
Camarilla | 40.57 | 41.01 | 41.44 | 41.88 | 42.32 | 42.76 | 43.19 |
Woodie | 34.73 | 36.48 | 39.50 | 41.25 | 44.27 | 46.02 | 49.04 |
Fibonacci | 36.27 | 38.09 | 39.22 | 41.04 | 42.86 | 43.99 | 45.81 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 29.25 | 35.47 | 39.00 | 45.22 | 48.75 | 54.97 | 58.50 |
Camarilla | 39.85 | 40.74 | 41.64 | 42.53 | 43.42 | 44.32 | 45.21 |
Woodie | 27.91 | 34.80 | 37.66 | 44.55 | 47.41 | 54.30 | 57.16 |
Fibonacci | 35.47 | 39.20 | 41.50 | 45.22 | 48.95 | 51.25 | 54.97 |
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): | 41.19 | |
MACD (12,26,9): | -1.6900 | |
Directional Movement: | -8.80 | |
AROON (14): | -57.14 | |
DEMA (21): | 40.93 | |
Parabolic SAR (0,02-0,02-0,2): | 38.95 | |
Elder Ray (13): | -0.16 | |
Super Trend (3,10): | 44.15 | |
Zig ZAG (10): | 42.07 | |
VORTEX (21): | 0.7100 | |
Stochastique (14,3,5): | 50.86 | |
TEMA (21): | 40.62 | |
Williams %R (14): | -41.37 | |
Chande Momentum Oscillator (20): | -1.28 | |
Repulse (5,40,3): | -1.1400 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.6000 | |
Courbe Coppock: | 16.83 |
MA7: | 41.68 | |
MA20: | 43.13 | |
MA50: | 47.04 | |
MA100: | 48.75 | |
MAexp7: | 41.89 | |
MAexp20: | 43.27 | |
MAexp50: | 45.87 | |
MAexp100: | 46.36 | |
Price / MA7: | +0.84% | |
Price / MA20: | -2.55% | |
Price / MA50: | -10.65% | |
Price / MA100: | -13.78% | |
Price / MAexp7: | +0.33% | |
Price / MAexp20: | -2.87% | |
Price / MAexp50: | -8.37% | |
Price / MAexp100: | -9.34% |
Quotes :
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15 min delayed data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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