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 05/03/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 51.72 USD

My targets

55.80 USD (+4.68%)

59.73 USD (+12.04%)

My analysis

The bullish trend is currently very strong on TRIP.COM GROUP LTD.. As long as the price remains above the support at 51.72 USD, you could try to benefit from the boom. The first bullish objective is located at 55.80 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 59.73 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating 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

8.9

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

TRIP.COM GROUP LTD. rating 53.31 USD. The price has increased by +4.65% since the last closing and was between 51.30 USD and 53.33 USD. This implies that the price is at +3.92% from its lowest and at -0.04% from its highest.

51.30

53.33

53.31

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

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:

The Central Records scanner for higher/lower results shows the following items:

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

Technical

A technical analysis in 1H of this TRIP.COM GROUP LTD. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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 80

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 detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	49.69	50.63	51.72	53.31	59.73
Change (%)	-6.79%	-5.03%	-2.98%	-	+12.04%
Change	-3.62	-2.68	-1.59	-	+6.42
Level	Intermediate	Minor	Major	-	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	48.56	49.17	50.06	50.67	51.56	52.17	53.06
Camarilla	50.53	50.67	50.80	50.94	51.08	51.22	51.35
Woodie	48.69	49.24	50.19	50.74	51.69	52.24	53.19
Fibonacci	49.17	49.75	50.10	50.67	51.25	51.60	52.17

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	45.06	46.69	48.64	50.27	52.22	53.85	55.80
Camarilla	49.62	49.94	50.27	50.60	50.93	51.26	51.59
Woodie	45.23	46.77	48.81	50.35	52.39	53.93	55.97
Fibonacci	46.69	48.05	48.90	50.27	51.63	52.48	53.85

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	37.50	41.11	44.68	48.29	51.86	55.47	59.04
Camarilla	46.29	46.94	47.60	48.26	48.92	49.58	50.24
Woodie	37.49	41.10	44.67	48.28	51.85	55.46	59.03
Fibonacci	41.11	43.85	45.54	48.29	51.03	52.72	55.47

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):	81.03
MACD (12,26,9):	0.9800
Directional Movement:	37.24
AROON (14):	92.86
DEMA (21):	52.38
Parabolic SAR (0,02-0,02-0,2):	51.35
Elder Ray (13):	1.33
Super Trend (3,10):	51.87
Zig ZAG (10):	53.22
VORTEX (21):	1.3400
Stochastique (14,3,5):	98.28
TEMA (21):	53.18
Williams %R (14):	-1.21
Chande Momentum Oscillator (20):	3.32
Repulse (5,40,3):	1.0600
ROCnROLL:	1
TRIX (15,9):	0.1900
Courbe Coppock:	14.28

MA7:	50.18
MA20:	49.50
MA50:	46.73
MA100:	41.88
MAexp7:	52.55
MAexp20:	51.26
MAexp50:	50.33
MAexp100:	49.68
Price / MA7:	+6.24%
Price / MA20:	+7.70%
Price / MA50:	+14.08%
Price / MA100:	+27.29%
Price / MAexp7:	+1.45%
Price / MAexp20:	+4.00%
Price / MAexp50:	+5.92%
Price / MAexp100:	+7.31%

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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