We assign a technical rating of 2 out of 10 to TCOM. TCOM was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
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 very little resistance above the current price. There is a support zone below the current price at 70.68, a Stop Loss order could be placed below this zone.
More info and screens
64.08
2 important support areas can be observed.
- A support zone ranging from 69.72 to 70.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 64.73 to 64.83. 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 @72.42 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 | DOWN | NEGATIVE | The short term trend for TCOM is down. |
| ChartMill Relative Strength | 32.78 | 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) | 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) | 49.2 | NEUTRAL | The RSI value for TCOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TCOM has a positive trend. |
| Stochastics (14,3) | 55.76 | NEUTRAL | The Stochastics value for TCOM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for TCOM suggests some volalility. |
| Average Directional Index/ADX (14) | 15.37 | NEGATIVE | The low ADX value for TCOM suggests a weak or negative trend. |
70.8
+0.67 (+0.96%)
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 2 / 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 49.2046. 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 0.0335457, indicating a bearish trend.
What is the buy/sell signal for TCOM stock?
The buy/sell signal for TRIP.COM GROUP LTD-ADR (TCOM) is hold as the short term and long term trends are mixed.