Overall BKNG gets a technical rating of 7 out of 10. In the last year, BKNG was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Besides having an excellent technical rating, BKNG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 5480.45. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
4,598.03
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4873.87 to 4891.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4768.00 from a horizontal line in the weekly time frame.
- Support @4644.47 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @5480.45 from a trend line in the daily time frame.
- Resistance @5575.73 from a horizontal line in the daily time frame.
- Resistance @5720.87 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BKNG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BKNG is up. |
| ChartMill Relative Strength | 52.03 | NEUTRAL | BKNG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BKNG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BKNG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BKNG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.17 | NEUTRAL | The RSI value for BKNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 21.65 | POSITIVE | The MACD value suggests BKNG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.77 | OVERBOUGHT | The high Stochastics value suggests BKNG may be overbought. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for BKNG suggests some volalility. |
| Average Directional Index/ADX (14) | 21.93 | NEUTRAL | The ADX value for BKNG suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5,480.46 | 5,240.02 | 240.44 (4.39%) | 22.79% |
| An entry @5480.46. This is a Buy Stop order right above the resistance zone. | An exit @5240.02. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 240.44 points, which is 4.39%. | When investing 22.79% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
5446.51
+7.24 (+0.13%)
BOOKING HOLDINGS INC / BKNG FAQ
What is the ChartMill technical rating of BOOKING HOLDINGS INC (BKNG) stock?
ChartMill assigns a technical rating of 7 / 10 to BKNG.
What is the current trend direction of BOOKING HOLDINGS INC (BKNG) stock?
The current trend direction for BOOKING HOLDINGS INC (BKNG) is Bullish.
What is the RSI signal for BKNG stock?
BOOKING HOLDINGS INC (BKNG) has an RSI value of 65.1731. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for BOOKING HOLDINGS INC?
The buy/sell signal for BOOKING HOLDINGS INC (BKNG) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for BOOKING HOLDINGS INC (BKNG) stock?
BOOKING HOLDINGS INC (BKNG) has a support level at 4891.81 and a resistance level at 5480.45. Check the full technical report for our detailed analysis of BKNG support and resistance levels.