We assign a technical rating of 4 out of 10 to TCOM. In the last year, TCOM was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is only medium, TCOM does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 71.15, 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
64.30
When analyzing the support we can see 2 important areas.
- A support zone ranging from 69.72 to 71.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 64.95 to 65.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @72.11 from a trend line in the daily time frame.
- Resistance @73.67 from a horizontal line in the daily time frame.
- A resistance zone ranging from 78.52 to 78.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for TCOM is neutral. |
| ChartMill Relative Strength | 30.02 | NEUTRAL | TCOM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TCOM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TCOM is above the rising 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) | 54.53 | NEUTRAL | The RSI value for TCOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests TCOM has a positive trend. |
| Stochastics (14,3) | 70.4 | NEUTRAL | The Stochastics value for TCOM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for TCOM suggests low volalility. |
| Average Directional Index/ADX (14) | 13.48 | NEGATIVE | The low ADX value for TCOM suggests a weak or negative trend. |
71.85
+0.96 (+1.35%)
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 4 / 10 to TCOM.
Can you provide the trend direction for TRIP.COM GROUP LTD-ADR?
The current trend direction for TRIP.COM GROUP LTD-ADR (TCOM) is Bullish.
What is the RSI signal for TCOM stock?
TRIP.COM GROUP LTD-ADR (TCOM) has an RSI value of 54.5267. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TRIP.COM GROUP LTD-ADR?
The MACD indicator for TRIP.COM GROUP LTD-ADR (TCOM) has a value of 0.154832, indicating a bearish trend.