TRIP.COM GROUP LTD. - 1H - Technical analysis published on 07/02/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
72%
6%
22%
My opinion
Bearish under 49.70 USD
My targets
46.50 USD (-2.19%)
44.57 USD (-6.25%)
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 under the resistance located at 49.70 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 46.50 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 44.57 USD as an objective. Crossing it would then enable sellers to target 41.52 USD. If the resistance 49.70 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.8
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. rating is 47.54 USD. The price is lower by -0.02% since the last closing and was between 46.86 USD and 47.78 USD. This implies that the price is at +1.45% from its lowest and at -0.50% from its highest.46.86
47.78
47.54
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this TRIP.COM GROUP LTD. chart shows a bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, 13 technical indicators on 18 studied are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Dark cloud cover
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 44.57 | 46.50 | 47.34 | 47.54 | 49.70 | 50.59 | 51.72 |
Change (%) | -6.25% | -2.19% | -0.42% | - | +4.54% | +6.42% | +8.79% |
Change | -2.97 | -1.04 | -0.20 | - | +2.16 | +3.05 | +4.18 |
Level | Major | Intermediate | Intermediate | - | Intermediate | Intermediate | Major |
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 | 46.24 | 46.52 | 47.03 | 47.31 | 47.82 | 48.10 | 48.61 |
Camarilla | 47.33 | 47.41 | 47.48 | 47.55 | 47.62 | 47.70 | 47.77 |
Woodie | 46.37 | 46.58 | 47.16 | 47.37 | 47.95 | 48.16 | 48.74 |
Fibonacci | 46.52 | 46.82 | 47.01 | 47.31 | 47.61 | 47.80 | 48.10 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 43.23 | 44.87 | 45.93 | 47.57 | 48.63 | 50.27 | 51.33 |
Camarilla | 46.26 | 46.51 | 46.75 | 47.00 | 47.25 | 47.50 | 47.74 |
Woodie | 42.95 | 44.73 | 45.65 | 47.43 | 48.35 | 50.13 | 51.05 |
Fibonacci | 44.87 | 45.90 | 46.54 | 47.57 | 48.60 | 49.24 | 50.27 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 38.61 | 42.55 | 44.78 | 48.72 | 50.95 | 54.89 | 57.12 |
Camarilla | 45.30 | 45.87 | 46.43 | 47.00 | 47.57 | 48.13 | 48.70 |
Woodie | 37.75 | 42.12 | 43.92 | 48.29 | 50.09 | 54.46 | 56.26 |
Fibonacci | 42.55 | 44.91 | 46.37 | 48.72 | 51.08 | 52.54 | 54.89 |
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): | 45.96 | |
MACD (12,26,9): | -0.1800 | |
Directional Movement: | -11.27 | |
AROON (14): | 42.86 | |
DEMA (21): | 47.17 | |
Parabolic SAR (0,02-0,02-0,2): | 46.91 | |
Elder Ray (13): | 0.06 | |
Super Trend (3,10): | 48.10 | |
Zig ZAG (10): | 47.43 | |
VORTEX (21): | 0.9700 | |
Stochastique (14,3,5): | 64.98 | |
TEMA (21): | 47.31 | |
Williams %R (14): | -34.34 | |
Chande Momentum Oscillator (20): | 0.44 | |
Repulse (5,40,3): | 0.1100 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0800 | |
Courbe Coppock: | 0.51 |
MA7: | 47.94 | |
MA20: | 49.69 | |
MA50: | 51.45 | |
MA100: | 48.17 | |
MAexp7: | 47.40 | |
MAexp20: | 47.47 | |
MAexp50: | 48.04 | |
MAexp100: | 48.97 | |
Price / MA7: | -0.83% | |
Price / MA20: | -4.33% | |
Price / MA50: | -7.60% | |
Price / MA100: | -1.31% | |
Price / MAexp7: | +0.30% | |
Price / MAexp20: | +0.15% | |
Price / MAexp50: | -1.04% | |
Price / MAexp100: | -2.92% |
Quotes :
-
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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