TRIP.COM GROUP LTD. - 1H - Technical analysis published on 11/20/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 64.00 USD
My targets
66.69 USD (+2.85%)
68.43 USD (+5.54%)
My analysis
TRIP.COM GROUP LTD. is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 64.00 USD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 66.69 USD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 68.43 USD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 69.44 USD. Beware of a possible return to under the support located at 64.00 USD which would be the sign of a correction of the bullish excesses registered in the short term.
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
5.2
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 64.84 USD. The price has increased by +3.35% since the last closing and was traded between 63.92 USD and 65.38 USD over the period. The price is currently at +1.44% from its lowest and -0.83% from its highest.63.92
65.38
64.84
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of TRIP.COM GROUP LTD. indicates that the overall trend is slightly bullish. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong 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 trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
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:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 59.73 | 61.83 | 64.00 | 64.84 | 65.05 | 66.69 | 68.43 |
| Change (%) | -7.88% | -4.64% | -1.30% | - | +0.32% | +2.85% | +5.54% |
| Change | -5.11 | -3.01 | -0.84 | - | +0.21 | +1.85 | +3.59 |
| Level | Major | Intermediate | Intermediate | - | 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 | 59.17 | 60.40 | 61.57 | 62.80 | 63.97 | 65.20 | 66.37 |
| Camarilla | 62.08 | 62.30 | 62.52 | 62.74 | 62.96 | 63.18 | 63.40 |
| Woodie | 59.14 | 60.39 | 61.54 | 62.79 | 63.94 | 65.19 | 66.34 |
| Fibonacci | 60.40 | 61.32 | 61.88 | 62.80 | 63.72 | 64.28 | 65.20 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.12 | 54.08 | 56.79 | 61.75 | 64.46 | 69.42 | 72.13 |
| Camarilla | 57.38 | 58.08 | 58.79 | 59.49 | 60.19 | 60.90 | 61.60 |
| Woodie | 47.99 | 53.52 | 55.66 | 61.19 | 63.33 | 68.86 | 71.00 |
| Fibonacci | 54.08 | 57.01 | 58.82 | 61.75 | 64.68 | 66.49 | 69.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 45.96 | 51.75 | 58.08 | 63.87 | 70.20 | 75.99 | 82.32 |
| Camarilla | 61.07 | 62.18 | 63.29 | 64.40 | 65.51 | 66.62 | 67.73 |
| Woodie | 46.22 | 51.89 | 58.34 | 64.01 | 70.46 | 76.13 | 82.58 |
| Fibonacci | 51.75 | 56.38 | 59.24 | 63.87 | 68.50 | 71.36 | 75.99 |
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): | 72.88 | |
| MACD (12,26,9): | 0.6800 | |
| Directional Movement: | 38.96 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 62.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 61.56 | |
| Elder Ray (13): | 2.20 | |
| Super Trend (3,10): | 62.44 | |
| Zig ZAG (10): | 64.64 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 79.78 | |
| TEMA (21): | 63.96 | |
| Williams %R (14): | -16.01 | |
| Chande Momentum Oscillator (20): | 3.79 | |
| Repulse (5,40,3): | 0.3700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 10.66 |
| MA7: | 62.04 | |
| MA20: | 64.31 | |
| MA50: | 60.28 | |
| MA100: | 52.66 | |
| MAexp7: | 63.42 | |
| MAexp20: | 62.22 | |
| MAexp50: | 62.45 | |
| MAexp100: | 63.20 | |
| Price / MA7: | +4.51% | |
| Price / MA20: | +0.82% | |
| Price / MA50: | +7.56% | |
| Price / MA100: | +23.13% | |
| Price / MAexp7: | +2.24% | |
| Price / MAexp20: | +4.21% | |
| Price / MAexp50: | +3.83% | |
| Price / MAexp100: | +2.59% |
Quotes :
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15 min delayed data
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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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