TRIP.COM GROUP LTD. - 1H - Technical analysis published on 12/20/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 71.36 USD
My targets
75.06 USD (+3.52%)
77.18 USD (+6.44%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on TRIP.COM GROUP LTD.. As long as you are above the support located at 71.36 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 75.06 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 77.18 USD as an objective. If the support 71.36 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
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
0
10
4.5
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. price is 72.51 USD. On the day, this instrument lost -0.08% with the lowest point at 70.37 USD and the highest point at 72.80 USD. The deviation from the price is +3.04% for the low point and -0.40% for the high point.70.37
72.80
72.51
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of TRIP.COM GROUP LTD. indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 10 technical indicators on 18 studied are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
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 triangle
Type : Bearish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
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 | 65.63 | 68.43 | 71.36 | 72.51 | 72.80 | 75.06 | 77.18 |
Change (%) | -9.49% | -5.63% | -1.59% | - | +0.40% | +3.52% | +6.44% |
Change | -6.88 | -4.08 | -1.15 | - | +0.29 | +2.55 | +4.67 |
Level | Intermediate | Major | Intermediate | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 69.91 | 70.46 | 71.51 | 72.06 | 73.11 | 73.66 | 74.71 |
Camarilla | 72.13 | 72.28 | 72.42 | 72.57 | 72.72 | 72.86 | 73.01 |
Woodie | 70.17 | 70.59 | 71.77 | 72.19 | 73.37 | 73.79 | 74.97 |
Fibonacci | 70.46 | 71.07 | 71.45 | 72.06 | 72.67 | 73.05 | 73.66 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 64.41 | 67.89 | 70.22 | 73.70 | 76.03 | 79.51 | 81.84 |
Camarilla | 70.95 | 71.49 | 72.02 | 72.55 | 73.08 | 73.62 | 74.15 |
Woodie | 63.84 | 67.60 | 69.65 | 73.41 | 75.46 | 79.22 | 81.27 |
Fibonacci | 67.89 | 70.11 | 71.48 | 73.70 | 75.92 | 77.29 | 79.51 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 48.93 | 53.99 | 59.32 | 64.38 | 69.71 | 74.77 | 80.10 |
Camarilla | 61.79 | 62.75 | 63.70 | 64.65 | 65.60 | 66.56 | 67.51 |
Woodie | 49.07 | 54.06 | 59.46 | 64.45 | 69.85 | 74.84 | 80.24 |
Fibonacci | 53.99 | 57.96 | 60.41 | 64.38 | 68.35 | 70.80 | 74.77 |
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): | 49.36 | |
MACD (12,26,9): | -0.1100 | |
Directional Movement: | -15.14 | |
AROON (14): | 21.43 | |
DEMA (21): | 72.35 | |
Parabolic SAR (0,02-0,02-0,2): | 70.69 | |
Elder Ray (13): | 0.06 | |
Super Trend (3,10): | 73.44 | |
Zig ZAG (10): | 72.48 | |
VORTEX (21): | 0.8000 | |
Stochastique (14,3,5): | 85.89 | |
TEMA (21): | 72.24 | |
Williams %R (14): | -13.37 | |
Chande Momentum Oscillator (20): | 0.72 | |
Repulse (5,40,3): | 0.2500 | |
ROCnROLL: | 1 | |
TRIX (15,9): | -0.0400 | |
Courbe Coppock: | 0.12 |
MA7: | 72.91 | |
MA20: | 69.31 | |
MA50: | 65.71 | |
MA100: | 57.36 | |
MAexp7: | 72.46 | |
MAexp20: | 72.53 | |
MAexp50: | 72.39 | |
MAexp100: | 71.16 | |
Price / MA7: | -0.55% | |
Price / MA20: | +4.62% | |
Price / MA50: | +10.35% | |
Price / MA100: | +26.41% | |
Price / MAexp7: | +0.07% | |
Price / MAexp20: | -0.03% | |
Price / MAexp50: | +0.17% | |
Price / MAexp100: | +1.90% |
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.
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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