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. - 1H - Technical analysis published on 10/04/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 67.02 USD

My targets

69.97 USD (+1.84%)

74.17 USD (+7.96%)

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 67.02 USD. The next resistance located at 69.97 USD is the next bullish objective 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 74.17 USD. After this resistance, buyers could then target 78.28 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

8.4

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

The TRIP.COM GROUP LTD. rating is 68.70 USD. On the day, this instrument gained +6.30% with the lowest point at 67.81 USD and the highest point at 69.67 USD. The deviation from the price is +1.31% for the low point and -1.39% for the high point.

67.81

69.67

68.70

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

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

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

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Technical

A technical analysis in 1H of this TRIP.COM GROUP LTD. chart shows a strongly bullish trend. 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.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Bullish harami

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	59.73	63.77	67.02	68.70
Change (%)	-13.06%	-7.18%	-2.45%	-
Change	-8.97	-4.93	-1.68	-
Level	Major	Minor	Intermediate	-

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
Standard	61.41	62.50	63.56	64.65	65.71	66.80	67.86
Camarilla	64.04	64.24	64.43	64.63	64.83	65.02	65.22
Woodie	61.41	62.49	63.56	64.64	65.71	66.79	67.86
Fibonacci	62.50	63.32	63.83	64.65	65.47	65.98	66.80

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	40.36	44.69	53.00	57.33	65.64	69.97	78.28
Camarilla	57.84	59.00	60.16	61.32	62.48	63.64	64.80
Woodie	42.36	45.69	55.00	58.33	67.64	70.97	80.28
Fibonacci	44.69	49.52	52.50	57.33	62.16	65.14	69.97

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	31.46	38.83	49.13	56.50	66.80	74.17	84.47
Camarilla	54.57	56.19	57.81	59.43	61.05	62.67	64.29
Woodie	32.93	39.56	50.60	57.23	68.27	74.90	85.94
Fibonacci	38.83	45.58	49.75	56.50	63.25	67.42	74.17

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):	77.17
MACD (12,26,9):	1.8900
Directional Movement:	36.81
AROON (14):	50.00
DEMA (21):	67.26
Parabolic SAR (0,02-0,02-0,2):	64.50
Elder Ray (13):	3.14
Super Trend (3,10):	65.00
Zig ZAG (10):	68.94
VORTEX (21):	1.1100
Stochastique (14,3,5):	67.32
TEMA (21):	67.21
Williams %R (14):	-11.74
Chande Momentum Oscillator (20):	3.57
Repulse (5,40,3):	0.3300
ROCnROLL:	1
TRIX (15,9):	0.4200
Courbe Coppock:	9.29

MA7:	62.93
MA20:	53.30
MA50:	47.31
MA100:	48.78
MAexp7:	66.57
MAexp20:	64.71
MAexp50:	60.91
MAexp100:	56.61
Price / MA7:	+9.17%
Price / MA20:	+28.89%
Price / MA50:	+45.21%
Price / MA100:	+40.84%
Price / MAexp7:	+3.20%
Price / MAexp20:	+6.17%
Price / MAexp50:	+12.79%
Price / MAexp100:	+21.36%

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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