CTRIP.COM INTERNATIONAL
CTRIP.COM INTERNATIONAL
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CTRP
ISIN:

CTRIP.COM INTERNATIONAL - Daily - Technical analysis published on 09/25/2019 (GMT)

  • 233
  • 0
  • Who voted?
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!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Download a full-size picture

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 34.35 USD
My targets
30.02 USD (-5.45%)
25.67 USD (-19.15%)
My analysis
The bearish trend is currently very strong for CTRIP.COM INTERNATIONAL. As long as the price remains below the resistance at 34.35 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 30.02 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 25.67 USD as an objective. Crossing it would then enable sellers to target 20.58 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
7.9

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 Vincent Launay.

Additional analysis

Quotes

The CTRIP.COM INTERNATIONAL rating is 31.75 USD. The price is lower by -0.91% since the last closing with the lowest point at 31.63 USD and the highest point at 32.50 USD. The deviation from the price is +0.38% for the low point and -2.31% for the high point.

31.63
32.50
31.75

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

Central Gaps

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:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of CTRIP.COM INTERNATIONAL indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily



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:

Central Patterns

Near support of triangle

Type : Bullish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 20.58 25.67 30.02 31.75 34.35 36.12 38.88
Change (%) -35.18% -19.15% -5.45% - +8.19% +13.76% +22.46%
Change -11.17 -6.08 -1.73 - +2.60 +4.37 +7.13
Level Minor Major Intermediate - Intermediate Intermediate Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard30.5031.1931.6232.3132.7333.4233.85
Camarilla31.7331.8431.9432.0432.1432.2432.35
Woodie30.3731.1331.4832.2432.6033.3633.71
Fibonacci31.1931.6231.8832.3132.7333.0033.42


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard29.2131.0132.0533.8534.8936.6937.73
Camarilla32.3032.5632.8233.0833.3433.6033.86
Woodie28.8230.8231.6633.6634.5036.5037.34
Fibonacci31.0132.1032.7733.8534.9435.6136.69


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard20.1125.5628.9734.4237.8343.2846.69
Camarilla29.9430.7631.5732.3833.1934.0034.82
Woodie19.0925.0527.9533.9136.8142.7745.67
Fibonacci25.5628.9531.0434.4237.8139.9043.28

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): 39.15
MACD (12,26,9): -0.4000
Directional Movement: -14.11
AROON (14): -64.29
DEMA (21): 33.26
Parabolic SAR (0,02-0,02-0,2): 36.11
Elder Ray (13): -1.51
Super Trend (3,10): 31.39
Zig ZAG (10): 31.75
VORTEX (21): 0.9000
Stochastique (14,3,5): 12.84
TEMA (21): 33.34
Williams %R (14): -97.59
Chande Momentum Oscillator (20): -3.18
Repulse (5,40,3): -6.8200
ROCnROLL: 2
TRIX (15,9): -0.0800
Courbe Coppock: 4.64
MA7: 33.57
MA20: 33.60
MA50: 35.01
MA100: 35.96
MAexp7: 33.12
MAexp20: 33.77
MAexp50: 34.65
MAexp100: 35.62
Price / MA7: -5.42%
Price / MA20: -5.51%
Price / MA50: -9.31%
Price / MA100: -11.71%
Price / MAexp7: -4.14%
Price / MAexp20: -5.98%
Price / MAexp50: -8.37%
Price / MAexp100: -10.86%

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
16028
Number of analyses :
Followers :
0
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 CTRIP.COM INTERNATIONAL - Daily