Why the high growth investor may take a look at NASDAQ:TCOM.

We've identified TRIP.COM GROUP LTD-ADR (NASDAQ:TCOM) as a potential breakout candidate based on our stock screener's analysis. This breakout setup pattern suggests that after a strong uptrend, the stock is currently consolidating, potentially signaling a continuation of the trend. Keep an eye on NASDAQ:TCOM for further developments.

Analyzing the Technical Aspects

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

We assign a technical rating of 7 out of 10 to TCOM. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

• Looking at the yearly performance, TCOM did better than 91% of all other stocks. On top of that, TCOM also shows a nice and consistent pattern of rising prices.
• TCOM is part of the Hotels, Restaurants & Leisure industry. There are 134 other stocks in this industry. TCOM outperforms 90% of them.
• TCOM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TCOM is performing more or less in line with the market.
• The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.

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

Why is NASDAQ:TCOM a setup?

In addition to the Technical Rating, ChartMill provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the extent of consolidation in the stock based on multiple short-term technical indicators. Currently, NASDAQ:TCOM has a 7 as its setup rating:

Besides having an excellent technical rating, TCOM also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 65.22, 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.

What matters for high growth investors.

• 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.
• TRIP.COM GROUP LTD-ADR has demonstrated strong 1-year revenue growth of 122.0%, reflecting revenue momentum and its ability to generate consistent top-line expansion. This growth underscores the company's strong market position and its potential for future success.
• In the most recent financial report, TRIP.COM GROUP LTD-ADR reported a 20.52% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an 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.
• With a favorable trend in its free cash flow (FCF) over the past year, TRIP.COM GROUP LTD-ADR demonstrates its ability to generate robust cash flows and maintain financial stability. This growth reflects the company's focus on efficient capital allocation and cash management.
• TRIP.COM GROUP LTD-ADR exhibits a strong Return on Equity (ROE) of 10.77%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
• TRIP.COM GROUP LTD-ADR maintains a healthy Debt-to-Equity ratio of 0.15. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• TRIP.COM GROUP LTD-ADR demonstrates a balanced ownership structure, with institutional shareholders at 33.19%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.
• TRIP.COM GROUP LTD-ADR has a strong history of beating EPS estimates in the last 4 quarters, signaling its ability to consistently exceed market expectations. This indicates the company's strong financial performance and its potential for creating shareholder value.
• The Relative Strength (RS) of TRIP.COM GROUP LTD-ADR has consistently been strong, with a current 91.73 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. TRIP.COM GROUP LTD-ADR demonstrates promising potential for sustained price momentum.

Our High Growth Momentum Breakout screen will find you more ideas suited for high growth momentum breakouts.

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.