Exploring NASDAQ:TCOM's high growth characteristics.

A possible breakout setup was detected on TRIP.COM GROUP LTD-ADR (NASDAQ:TCOM) by our stockscreener. A breakout pattern is formed when a stock consolidates after a strong rise up. We note that this pattern is detected purely based on technical analysis and whether the breakout actually materializes remains to be seen. It could be interesting to keep an eye on NASDAQ:TCOM.

Analyzing the Technical Aspects

Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple technical indicators and properties.

We assign a technical rating of 10 out of 10 to TCOM. Both in the recent history as in the last year, TCOM has proven to be a steady performer, scoring decent points in every aspect analyzed.

• Both the short term and long term trends are positive. This is a very positive sign.
• When comparing the yearly performance of all stocks, we notice that TCOM is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, TCOM also shows a nice and consistent pattern of rising prices.
• TCOM is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 92% of 135 stocks in the same industry.
• TCOM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TCOM is lagging the market slightly.
• In the last month TCOM has a been trading in the 59.05 - 69.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Our latest full technical report of TCOM contains the most current technical analsysis.

How do we evaluate the setup for NASDAQ:TCOM?

ChartMill incorporates a Setup Rating in its analysis, which measures the extent of consolidation in a stock over recent days and weeks. This rating, ranging from 0 to 10, is updated daily and takes into account multiple short-term technical indicators. The current setup rating for NASDAQ:TCOM is 7:

Besides having an excellent technical rating, TCOM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 60.97, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

Looking into the high growth metrics of TRIP.COM GROUP LTD-ADR

• The earnings per share (EPS) of TRIP.COM GROUP LTD-ADR have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 20.52% increase. This reflects the company's ability to improve its profitability over time.
• The 1-year revenue growth of TRIP.COM GROUP LTD-ADR (122.0%) has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and expand its market share.
• Over the past 3 months, analysts have adjusted their EPS Estimate for TRIP.COM GROUP LTD-ADR with a 8.66% change. This highlights the evolving outlook on the company's EPS potential.
• The recent financial report of TRIP.COM GROUP LTD-ADR demonstrates a 20.52% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• With positive growth in its operating margin over the past year, TRIP.COM GROUP LTD-ADR showcases its ability to improve profitability through effective cost control and operational efficiency. This growth underscores the company's commitment to enhancing its financial performance.
• TRIP.COM GROUP LTD-ADR has shown positive growth in its free cash flow (FCF) over the past year, indicating improved cash generation and financial strength. This growth highlights the company's ability to effectively manage its cash flows and generate surplus funds.
• TRIP.COM GROUP LTD-ADR has a healthy Return on Equity(ROE) of 10.77%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
• TRIP.COM GROUP LTD-ADR exhibits a favorable Debt-to-Equity ratio at 0.15. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• TRIP.COM GROUP LTD-ADR demonstrates a balanced ownership structure, with institutional shareholders at 41.49%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.
• TRIP.COM GROUP LTD-ADR has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
• TRIP.COM GROUP LTD-ADR has achieved an impressive Relative Strength (RS) rating of 94.28, showcasing its ability to outperform the broader market. This strong performance positions TRIP.COM GROUP LTD-ADR as an attractive stock for potential price appreciation.

More high growth momentum breakout stocks can be found in our High Growth Momentum Breakout screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.