BOOKING HOLDINGS INC (BKNG) Technical Analysis
NASDAQ:BKNG • US09857L1089
Current stock price
BKNG Technical Rating and Analysis
Overall BKNG gets a technical rating of 5 out of 10. In the last year, BKNG was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, BKNG is a bad performer in the overall market: 73% of all stocks are doing better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month BKNG has a been trading in the 161.21 - 192.76 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- BKNG has an average volume of 1786330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- BKNG is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, BKNG did better than 45% of them.
- BKNG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BKNG is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BKNG Weekly and Daily overview Charts
BKNG Setup Rating and Analysis
BKNG has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
BKNG Support and Resistance Analysis
161.87
When analyzing the support we can see 3 important areas.
- A support zone ranging from 172.11 to 174.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @166.95 from a trend line in the daily time frame.
- Support @163.51 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 213.34 to 223.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
BKNG Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for BKNG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BKNG is up. |
| ChartMill Relative Strength | 27.18 | NEGATIVE | BKNG has a low relative strength, it was outperformed by 72.82% off all stocks 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) | DOWN | NEGATIVE | The current price of BKNG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.29 | NEUTRAL | The RSI value for BKNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.26 | POSITIVE | The MACD value suggests BKNG has a positive trend. |
| Stochastics (14,3) | 93.47 | OVERBOUGHT | The high Stochastics value suggests BKNG may be overbought. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for BKNG suggests some volalility. |
| Average Directional Index/ADX (14) | 17.89 | NEGATIVE | The low ADX value for BKNG suggests a weak or negative trend. |
BKNG Chart- and CandleStick Pattern Analysis
BKNG Technicals: Chart, Performance Metrics, Trend & Indicators
192.01
+7.45 (+4.04%)
BOOKING HOLDINGS INC / BKNG TA FAQ
What is the ChartMill technical rating of BOOKING HOLDINGS INC (BKNG) stock?
ChartMill assigns a technical rating of 5 / 10 to BKNG.
What is the trend direction for BKNG stock?
The current trend direction for BOOKING HOLDINGS INC (BKNG) is Bearish.
What is the RSI signal for BOOKING HOLDINGS INC (BKNG) stock?
BOOKING HOLDINGS INC (BKNG) has an RSI value of 65.2939. This indicates that the stock is currently neutral.
What is the short term momentum for BKNG stock?
The short term momentum for BOOKING HOLDINGS INC (BKNG) is positive.