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 08/21/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

61%

39%

My opinion

Bearish under 44.57 USD

My targets

42.27 USD (-1.58%)

40.18 USD (-6.45%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 44.57 USD remains possible. It is advisable to trade TRIP.COM GROUP LTD. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 44.57 USD. The next bearish objective for sellers is set at 42.27 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 40.18 USD. In case of crossing, the next objective would be the support located at 34.98 USD. PS: if there is a bullish break in the resistance located at 44.57 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

1.3

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 42.95 USD. The price has increased by +4.05% since the last closing and was traded between 42.06 USD and 43.24 USD over the period. The price is currently at +2.12% from its lowest and -0.67% from its highest.

42.06

43.24

42.95

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by TRIP.COM GROUP LTD.:

Technical

Technical analysis of this Daily chart of TRIP.COM GROUP LTD. indicates that the overall trend is bearish. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

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:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	34.98	40.18	42.27	42.95	44.57	47.34	51.72
Change (%)	-18.56%	-6.45%	-1.58%	-	+3.77%	+10.22%	+20.42%
Change	-7.97	-2.77	-0.68	-	+1.62	+4.39	+8.77
Level	Major	Major	Intermediate	-	Major	Intermediate	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	39.67	40.45	40.86	41.64	42.05	42.83	43.24
Camarilla	40.95	41.06	41.17	41.28	41.39	41.50	41.61
Woodie	39.50	40.36	40.69	41.55	41.88	42.74	43.07
Fibonacci	40.45	40.90	41.18	41.64	42.09	42.37	42.83

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	39.02	39.86	41.31	42.15	43.60	44.44	45.89
Camarilla	42.12	42.33	42.54	42.75	42.96	43.17	43.38
Woodie	39.32	40.01	41.61	42.30	43.90	44.59	46.19
Fibonacci	39.86	40.74	41.28	42.15	43.03	43.57	44.44

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

Technical indicators

Moving averages

RSI (14):	48.22
MACD (12,26,9):	-1.0500
Directional Movement:	-8.17
AROON (14):	85.71
DEMA (21):	41.20
Parabolic SAR (0,02-0,02-0,2):	39.98
Elder Ray (13):	0.31
Super Trend (3,10):	44.15
Zig ZAG (10):	43.03
VORTEX (21):	0.7800
Stochastique (14,3,5):	82.58
TEMA (21):	41.57
Williams %R (14):	-4.39
Chande Momentum Oscillator (20):	2.71
Repulse (5,40,3):	0.4200
ROCnROLL:	-1
TRIX (15,9):	-0.4800
Courbe Coppock:	0.02

MA7:	42.22
MA20:	42.00
MA50:	45.94
MA100:	48.62
MAexp7:	42.28
MAexp20:	42.82
MAexp50:	45.10
MAexp100:	45.88
Price / MA7:	+1.73%
Price / MA20:	+2.26%
Price / MA50:	-6.51%
Price / MA100:	-11.66%
Price / MAexp7:	+1.58%
Price / MAexp20:	+0.30%
Price / MAexp50:	-4.77%
Price / MAexp100:	-6.39%

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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