TRIP.COM GROUP LTD. - Daily - Technical analysis published on 07/15/2020 (GMT)
- Who voted?
- 220
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 25.67 USD
My targets
29.49 USD (+6.96%)
31.33 USD (+13.64%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on TRIP.COM GROUP LTD.. This is a positive signal for buyers. As long as the price remains above 25.67 USD, a purchase could be considered. The first bullish objective is located at 29.49 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 31.33 USD as an objective. Crossing it would then enable buyers to target 33.52 USD. In the event of a return below 25.67 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be 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
6.1
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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
TRIP.COM GROUP LTD. rating 27.57 USD. The price registered an increase of +5.63% on the session and was traded between 26.80 USD and 27.85 USD over the period. The price is currently at +2.87% from its lowest and -1.01% from its highest.26.80
27.85
27.57
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
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 (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this TRIP.COM GROUP LTD. chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : Daily
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 | 20.58 | 23.31 | 25.67 | 27.57 | 29.49 | 31.33 | 33.52 |
| Change (%) | -25.35% | -15.45% | -6.89% | - | +6.96% | +13.64% | +21.58% |
| Change | -6.99 | -4.26 | -1.90 | - | +1.92 | +3.76 | +5.95 |
| Level | Major | Minor | Major | - | Intermediate | Minor | Minor |
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 | 24.69 | 25.27 | 25.69 | 26.27 | 26.69 | 27.27 | 27.69 |
| Camarilla | 25.83 | 25.92 | 26.01 | 26.10 | 26.19 | 26.28 | 26.38 |
| Woodie | 24.60 | 25.23 | 25.60 | 26.23 | 26.60 | 27.23 | 27.60 |
| Fibonacci | 25.27 | 25.66 | 25.89 | 26.27 | 26.66 | 26.89 | 27.27 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.07 | 24.55 | 25.68 | 27.16 | 28.28 | 29.76 | 30.89 |
| Camarilla | 26.08 | 26.32 | 26.56 | 26.80 | 27.04 | 27.28 | 27.52 |
| Woodie | 22.89 | 24.46 | 25.50 | 27.07 | 28.10 | 29.67 | 30.71 |
| Fibonacci | 24.55 | 25.55 | 26.16 | 27.16 | 28.15 | 28.77 | 29.76 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.16 | 22.15 | 24.03 | 27.02 | 28.90 | 31.89 | 33.77 |
| Camarilla | 24.58 | 25.03 | 25.47 | 25.92 | 26.37 | 26.81 | 27.26 |
| Woodie | 18.62 | 21.87 | 23.49 | 26.74 | 28.36 | 31.61 | 33.23 |
| Fibonacci | 22.15 | 24.01 | 25.16 | 27.02 | 28.88 | 30.03 | 31.89 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.98 | |
| MACD (12,26,9): | 0.1900 | |
| Directional Movement: | 2.99 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 26.97 | |
| Parabolic SAR (0,02-0,02-0,2): | 28.58 | |
| Elder Ray (13): | 0.52 | |
| Super Trend (3,10): | 28.62 | |
| Zig ZAG (10): | 27.74 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 49.86 | |
| TEMA (21): | 26.92 | |
| Williams %R (14): | -27.07 | |
| Chande Momentum Oscillator (20): | 1.67 | |
| Repulse (5,40,3): | 0.4300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 6.04 |
| MA7: | 26.93 | |
| MA20: | 26.49 | |
| MA50: | 26.16 | |
| MA100: | 25.71 | |
| MAexp7: | 26.90 | |
| MAexp20: | 26.69 | |
| MAexp50: | 26.40 | |
| MAexp100: | 27.02 | |
| Price / MA7: | +2.38% | |
| Price / MA20: | +4.08% | |
| Price / MA50: | +5.39% | |
| Price / MA100: | +7.23% | |
| Price / MAexp7: | +2.49% | |
| Price / MAexp20: | +3.30% | |
| Price / MAexp50: | +4.43% | |
| Price / MAexp100: | +2.04% |
Quotes :
2020-07-15 16:07:28
-
15 min delayed data
-
NASDAQ Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis TRIP.COM GROUP LTD. - Daily