We assign a technical rating of 8 out of 10 to CTRP. CTRP has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although CTRP has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
29.11
2 important support areas can be observed.
We can see 3 important resistance areas.
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 CTRP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTRP is up. |
| ChartMill Relative Strength | 85.82 | POSITIVE | CTRP has a high relative strength, it outperformed 85.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTRP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTRP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CTRP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.51 | OVERBOUGHT | The high RSI value suggests CTRP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.58 | POSITIVE | The MACD value suggests CTRP has a positive trend. |
| Stochastics (14,3) | 96.87 | OVERBOUGHT | The high Stochastics value suggests CTRP may be overbought. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for CTRP suggests some volalility. |
34.93
+1.14 (+3.37%)
ChartMill assigns a technical rating of 7 / 10 to CTRP.
The current trend direction for CTRIP COM INTL LTD (CTRP) is Bearish.
CTRIP COM INTL LTD (CTRP) has an RSI value of 70.5073. This indicates that the stock is currently overbought.
The short term momentum for CTRIP COM INTL LTD (CTRP) is positive.