Trip.com Stock Rises 0.93% to $62.95 Amid Technical Rebound Signals

Trip.com (TCOM) advanced 0.93% in the latest session, closing at $62.95 on moderate volume of 3.84 million shares, marking its second consecutive gain for a cumulative 4.38% rebound off recent lows. This recovery follows a volatile downtrend from April 2025 highs near $75, with the stock currently consolidating near key technical levels as we examine multiple indicators.
Candlestick Theory
Recent price action shows a bullish engulfing pattern formed on August 15th, where the candle body ($61.90–$62.80) completely engulfed the prior day's decline, signaling potential reversal momentum. The $62.75–$64.40 range in the latest session established immediate resistance near $64.40, aligning with the July swing high. Support consolidates around $61.90–$62.00, corresponding to the June consolidation zone. Failure to breach the $64.40 resistance suggests hesitancy, while a close above $64.40 could trigger short covering.
Moving Average Theory
The 50-day MA ($62.30) and 100-day MA ($63.80) are converging with the current price, indicating compression after a prolonged downtrend. Notably, the 200-day MA ($59.40) slopes upward, preserving the long-term bullish structure. However, consecutive closes below the 50-day MA throughout late July signaled distribution. The August rebound is testing the 50-day barrier, with a sustained break above potentially accelerating momentum toward the descending 100-day MA. Failure here may reactivate the medium-term downtrend.
MACD & KDJ Indicators
MACD registers a bullish crossover below the zero line, with the histogram turning positive for the first time since early July – a tentative momentum shift. The KDJ oscillator shows the %K line (14) crossing above %D (27) from oversold territory (sub-30 on August 8th), supporting near-term recovery potential. However, both indicators remain in bearish territory overall. Confluence exists as MACD's improving histogram aligns with KDJ's upward cross, suggesting strengthening rebound dynamics if follow-through materializes.
Bollinger Bands
Price rebounded from the lower band ($58.44) on August 8th during peak volatility, subsequently pushing toward the 20-day midline ($62.90). Bandwidth contracted 18% over the past week, indicating decreasing volatility and potential coiling for a directional move. Current positioning near the midline suggests equilibrium, with a close above $63.50 needed to challenge the upper band ($65.70). The contraction phase historically preceded explosive moves, last observed before June's 8% rally.
Volume-Price Relationship
The August 13th 4.25% surge occurred on elevated volume (5.27 million shares vs. 30-day avg 3.48 million), validating accumulation interest near $61.50 support. However, the subsequent advance lacked volume confirmation, with recent sessions trading below average volume. This divergence suggests cautious participation in the rebound. Volume must expand above 4.5 million shares on a breakout above $64.40 to confirm sustainable demand.
Relative Strength Index (RSI)
The 14-day RSI rebounded from near-oversold (31.6 on August 8th) to current neutral (54.2), alleviating extreme bearish pressure but lacking overbought conviction. Historical reactions near RSI 50 have been pivotal, with failures at this level in late July preceding 8% declines. Current positioning permits upward room, but repeated rejections near RSI 60 may reinforce resistance. A reading above 60 would be necessary to signal strengthening bullish momentum.
Fibonacci Retracement
Using the April 2025 peak ($74.61) and June 2025 trough ($55.85), critical retracement levels emerge. The 38.2% retracement ($62.70) aligns precisely with recent price congestion and the 50-day MA, creating a technical friction zone. Notably, the August rebound stalled at this level multiple times. The 50% retracement ($65.25) converges with the descending 100-day MA, forming a formidable resistance cluster. A decisive break above $62.70 could target $65.25, while rejections here reinforce the corrective structure.
Confluence emerges at the $62.70–$64.40 region, where Fibonacci, moving averages, and swing highs concentrate. Bullish MACD/KDJ crosses and volatility contraction support reversal potential, but persistent volume divergence and RSI neutrality warrant caution. Any failure below $62.70 reactivates the bearish structure toward $59.40 support.