TRIP.COM GROUP LTD-ADR (TCOM) Stock Technical Analysis
NASDAQ:TCOM • US89677Q1076
We assign a technical rating of 0 out of 10 to TCOM. TCOM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, TCOM is a bad performer in the overall market: 87% of all stocks are doing better.
- TCOM is part of the Hotels, Restaurants & Leisure industry. There are 125 other stocks in this industry, of which 70% are performing better than TCOM.
- TCOM is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so TCOM is lagging the market.
- In the last month TCOM has a been trading in the 49.48 - 62.01 range, which is quite wide. It is currently trading near the lows of this range.
- TCOM has an average volume of 4048350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of TCOM is bad and it also does not present a 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
50.96
When analyzing the support we notice one important area.
- A support zone ranging from 51.47 to 51.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @56.64 from a horizontal line in the daily time frame.
- Resistance @74.23 from a trend line in the weekly time frame.
- Resistance @78.52 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for TCOM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TCOM is down. |
| ChartMill Relative Strength | 13.61 | NEGATIVE | TCOM has a low relative strength, it was outperformed by 86.39% off all stocks 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) | DOWN | NEGATIVE | The current price of TCOM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.92 | OVERSOLD | The low RSI value suggests TCOM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TCOM has a positive trend. |
| Stochastics (14,3) | 17.01 | OVERSOLD | The low Stochastics value suggests TCOM may be oversold. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for TCOM suggests some volalility. |
| Average Directional Index/ADX (14) | 41.96 | POSITIVE | The high ADX value value for TCOM suggests a strong trend. |
51.7
+0.22 (+0.43%)
TRIP.COM GROUP LTD-ADR / TCOM FAQ
What is the ChartMill technical rating of TRIP.COM GROUP LTD-ADR (TCOM) stock?
ChartMill assigns a technical rating of 0 / 10 to TCOM.
What is the current trend direction of TRIP.COM GROUP LTD-ADR (TCOM) stock?
The current trend direction for TRIP.COM GROUP LTD-ADR (TCOM) is Bearish.
What is the RSI signal for TCOM stock?
TRIP.COM GROUP LTD-ADR (TCOM) has an RSI value of 29.9157. This indicates that the stock is currently oversold.
What is the short term momentum for TRIP.COM GROUP LTD-ADR (TCOM) stock?
The short term momentum for TRIP.COM GROUP LTD-ADR (TCOM) is negative.
What is the buy/sell signal for TRIP.COM GROUP LTD-ADR (TCOM) stock?
The buy/sell signal for TRIP.COM GROUP LTD-ADR (TCOM) is sell as both the short term and long term trends are negative.