TripAdvisor's 15min Chart Shows Bollinger Bands Expanding Downward, KDJ Death Cross.

Based on the 15-minute chart for TripAdvisor, the Bollinger Bands are currently expanding downward, and the KDJ indicator has triggered a death cross at 13:45 on October 21, 2022. This suggests that the market trend is being driven by selling pressure, and the momentum of the stock price is shifting towards the downside, potentially leading to further decreases in the stock's value.

In a significant development for TripAdvisor Inc. (NASDAQ: TRIP), Starboard Value CEO Jeff Smith has publicly suggested that the travel booking company should consider selling its restaurant booking platform, TheFork, and potentially the entire company. Smith made these comments during the annual 13D Monitor Active Passive Investment Summit in New York on October 21, 2022 Starboard's Smith says Tripadvisor should consider selling its restaurant booking platform^[1].

Smith, who has been engaging with TripAdvisor for several weeks, noted that while the company has a strong brand, there are substantial opportunities to transform and reimagine the user experience to drive revenue growth. He particularly highlighted TheFork as the most easily separable and least-integrated of the company's three main businesses, suggesting that it could be sold at an attractive multiple. Additionally, Smith mentioned the possibility of selling the entire company, noting that there are standalone opportunities for value creation in each of TripAdvisor's businesses.

The hedge fund, which holds a 9% stake in TripAdvisor, has been pushing for change at the travel booking site. Smith believes that TripAdvisor is currently undervalued and that Viator's performance, which includes booking experiences, should improve meaningfully. He also pointed out that there is a substantial cost-saving opportunity at Brand Tripadvisor, especially if revenue growth does not accelerate.

The potential sale of TheFork or the entire company comes at a time when TripAdvisor's stock price has been under pressure. According to the 15-minute chart, the Bollinger Bands are expanding downward, and the KDJ indicator has triggered a death cross, indicating selling pressure and a potential shift in the market trend towards the downside. This suggests that the stock price may continue to decrease.