Taking everything into account, TCOM scores 3 out of 10 in our technical rating. In the last year, TCOM was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is bad, TCOM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 69.85, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TCOM in the last couple of days, which is a good sign.
63.36
2 important support areas can be observed.
We can see 2 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 | UP | POSITIVE | The long term trend for TCOM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TCOM is down. |
| ChartMill Relative Strength | 53.32 | NEUTRAL | TCOM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TCOM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TCOM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TCOM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.31 | NEUTRAL | The RSI value for TCOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests TCOM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.36 | OVERSOLD | The low Stochastics value suggests TCOM may be oversold. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for TCOM suggests some volalility. |
| Average Directional Index/ADX (14) | 14.16 | NEGATIVE | The low ADX value for TCOM suggests a weak or negative trend. |
69.92
+0.2 (+0.29%)
ChartMill assigns a technical rating of 3 / 10 to TCOM.
The current trend direction for TRIP.COM GROUP LTD-ADR (TCOM) is Bullish.
TRIP.COM GROUP LTD-ADR (TCOM) has an RSI value of 43.3091. This indicates that the stock is currently neutral.
The MACD indicator for TRIP.COM GROUP LTD-ADR (TCOM) has a value of -0.260472, indicating a bearish trend.
The buy/sell signal for TRIP.COM GROUP LTD-ADR (TCOM) is hold as the short term and long term trends are mixed.