Expedia Shares Jump 3.57% to $222.87 as Technicals Signal Bullish Momentum

Expedia shares advanced 3.57% in the most recent session, closing at $222.87 after trading between $215.96 and $223.94 on volume of 1.15 million shares. This upward move recouped most losses from the preceding two sessions. Technical analysis of the one-year dataset suggests key price behavior insights across multiple indicators.
Candlestick Theory
Significant price confirmation occurred on August 22nd with a high-volume bullish engulfing pattern (4.61% gain), establishing $215 as a strong support level. Recent sessions show consolidation between $215-$224, with the latest green candle closing near session highs suggesting near-term bullish resolve. Resistance is clearly forming around $224-$225, which capped advances on September 19th, 22nd, and 26th. Support appears firm near $212.50-$215, where multiple reactions occurred including the September 25th low.
Moving Average Theory
The 50-day SMA ($213.70), 100-day SMA ($198.60), and 200-day SMA ($179.40) maintain ascending slopes, confirming the primary uptrend. Price remains above all three key averages, though Friday's rebound unfolded near the 50-day SMA – consistent with dynamic support. The 50/200-day golden cross formed in July 2025 and persists, reinforcing the bullish structure. Current alignment indicates short-term momentum may be testing intermediate support around the 50-day SMA while maintaining longer-term bullish positioning.
MACD & KDJ Indicators
The MACD line remains above its signal line but continues to narrow, indicating slowing upside momentum. The histogram contracts, showing fading bullish energy despite price recovery. KDJ oscillators (current K:62, D:55, J:76) recently exited oversold territory (<30 on September 25th) and now suggest improving momentum. KDJ's climb from oversold aligns with the price rebound but does not yet show overbought concern. Collectively, these oscillators signal neutral-to-bullish momentum conditions without strong directional conviction.
Bollinger Bands
Price currently trades near the upper band ($224.50), following contraction in late September which typically precedes volatility expansion. The September 30th close above the upper band was swiftly rejected, reinforcing resistance near $225. Support resides near the middle band (20-day SMA, ~$217.50) and lower band ($210.50). Recent bandwidth contraction ending with upside expansion suggests potential continuation, though resistance proximity warrants caution.
Volume-Price Relationship
Significant volume accompanied key breakout events: August 22nd (2.2M shares, +4.61%), September 12th (2.73M shares, +2.72%), and September 15th (2.73M shares, +2.72%) validate substantial upside moves. Conversely, the recent rebound on September 26th showed relatively light volume (1.15M shares), which may cast doubt on sustainability without subsequent volume confirmation. Volume divergence remains notable – the September peak at $228.24 saw lower volume than the prior August high, suggesting tiring accumulation. This bears monitoring.
Relative Strength Index (RSI)
The 14-period RSI (59) rises from neutral territory but remains below overbought thresholds, indicating room for further upside before warning signals emerge. Oversold readings below 30 occurred only twice in the dataset – on May 9th (RSI 28) and June 13th (RSI 27) – both marking significant reversal points. Current positioning suggests neutral momentum without immediate reversal pressure.
Fibonacci Retracement
Applying Fib levels to the dominant advance from the June low ($146.47) to September high ($228.24) yields critical retracement zones. The 38.2% level coincides tightly with the current 50-day SMA ($213.70) and major horizontal support near $215, creating significant confluence. The 50% level ($187.35) aligns with the 100-day SMA. Notably, the latest correction bottomed within $1 of the 38.2% retracement ($214.71 low vs $215.53 Fib), showing its technical relevance as support. This alignment strengthens the case for $215 as a crucial support pivot.
Confluence & Divergence Synthesis
Major confluence exists at $214-$215: it represents the 38.2% Fibonacci retracement, the 50-day SMA, the Bollinger mid-band, and a key horizontal support level. This convergence heightens its technical significance. Volume divergence emerged during the September peak – lower volume at higher prices compared to August’s surge – suggesting weakening accumulation at new highs. MACD bearish divergence (lower indicator peak at September’s higher price peak) coupled with the slowing OBV reinforces caution despite the recovery. The lack of RSI confirmation above 70 during the September highs adds to divergence signals. Though indicators generally lean neutral-to-bullish near-term, divergence signals imply potential resistance near $225-$228 requires volume confirmation for sustainable clearance.