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 12/29/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

83%

11%

My opinion

Bullish above 35.29 USD

My targets

36.60 USD (+1.84%)

37.76 USD (+5.06%)

My analysis

The strong short-term increase for TRIP.COM GROUP LTD. reinforces the current slightly bullish trend. As long as the price remains above 35.29 USD, you could take advantage of this bullish acceleration. The first bullish objective is located at 36.60 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 37.76 USD as an objective. Crossing it would then enable buyers to target 40.15 USD. A return to 35.29 USD would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.4

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. price is 35.94 USD. The price has increased by +1.90% since the last closing with the lowest point at 35.07 USD and the highest point at 35.96 USD. The deviation from the price is +2.48% for the low point and -0.06% for the high point.

35.07

35.96

35.94

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this TRIP.COM GROUP LTD. chart shows a slightly bullish trend. Only 60.71% 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 market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel 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	32.77	34.35	35.29	35.94	36.60	37.76	40.15
Change (%)	-8.82%	-4.42%	-1.81%	-	+1.84%	+5.06%	+11.71%
Change	-3.17	-1.59	-0.65	-	+0.66	+1.82	+4.21
Level	Major	Major	Minor	-	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	34.11	34.53	34.90	35.32	35.69	36.11	36.48
Camarilla	35.05	35.13	35.20	35.27	35.34	35.42	35.49
Woodie	34.09	34.52	34.88	35.31	35.67	36.10	36.46
Fibonacci	34.53	34.83	35.02	35.32	35.62	35.81	36.11

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	32.20	32.77	33.58	34.15	34.96	35.53	36.34
Camarilla	34.02	34.15	34.27	34.40	34.53	34.65	34.78
Woodie	32.33	32.83	33.71	34.21	35.09	35.59	36.47
Fibonacci	32.77	33.29	33.62	34.15	34.67	35.00	35.53

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27.09	29.32	32.25	34.48	37.41	39.64	42.57
Camarilla	33.76	34.23	34.71	35.18	35.65	36.13	36.60
Woodie	27.44	29.50	32.60	34.66	37.76	39.82	42.92
Fibonacci	29.32	31.29	32.51	34.48	36.45	37.67	39.64

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):	61.24
MACD (12,26,9):	0.2000
Directional Movement:	10.86
AROON (14):	92.86
DEMA (21):	34.45
Parabolic SAR (0,02-0,02-0,2):	31.63
Elder Ray (13):	1.09
Super Trend (3,10):	32.95
Zig ZAG (10):	35.91
VORTEX (21):	0.9500
Stochastique (14,3,5):	86.87
TEMA (21):	34.77
Williams %R (14):	-1.52
Chande Momentum Oscillator (20):	2.03
Repulse (5,40,3):	4.1400
ROCnROLL:	1
TRIX (15,9):	-0.0300
Courbe Coppock:	7.48

MA7:	34.61
MA20:	33.87
MA50:	34.23
MA100:	35.42
MAexp7:	34.78
MAexp20:	34.30
MAexp50:	34.42
MAexp100:	34.93
Price / MA7:	+3.84%
Price / MA20:	+6.11%
Price / MA50:	+5.00%
Price / MA100:	+1.47%
Price / MAexp7:	+3.34%
Price / MAexp20:	+4.78%
Price / MAexp50:	+4.42%
Price / MAexp100:	+2.89%

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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Londinia AI

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