Trip.com Stock Rises 3.42% as Technical Indicators Signal Bullish Momentum

Trip.com (TCOM) rose 3.42% in the latest session, closing at $62.37 after trading between $61.90 and $62.80 on above-average volume of nearly 4 million shares. This upward move follows recent volatility and positions the stock near significant technical confluences.
Candlestick Theory
The latest bullish candle closed near its high ($62.37 vs. $62.80 high), indicating buying pressure. Key support emerges at $60.13–$60.31 (August 11–14 lows), bolstered by the psychologically significant $60.00 level. Resistance sits at $62.80–$63.15 (August 7 and 15 highs), with a critical ceiling at $64.16 (July 28 high). A breakout above $63.15 could signal continuation, while failure to hold $60.13 may trigger a retest of the August 8 low of $58.44. The recovery from $58.44 forms a potential "higher low" pattern, supporting the near-term uptrend.
Moving Average Theory
The 50-day moving average (MA) near $61.00, 100-day MA at $60.00, and 200-day MA near $58.50 remain in ascending order, confirming a primary bullish trend. The latest close above all three averages—particularly the 50-day MA acting as dynamic support during August pullbacks—reinforces positive momentum. Golden crosses persist, with the 50-day MA above the 100-day and 200-day MAs since February 2025. Sustained trading above $61.00 may encourage further upside targeting the July highs.
MACD & KDJ Indicators
MACD shows a bullish crossover emerging above its signal line, with the histogram turning positive—suggesting accelerating upward momentum. KDJ readings (approximately K:74, D:65, J:92) indicate the stock is approaching overbought territory but maintain an upward slope. Confluence exists as both oscillators agree on strengthening bullish bias, though extended KDJ values warrant caution for near-term consolidation if the price challenges resistance.
Bollinger Bands
Bollinger Bands have expanded after contracting in late July, reflecting rising volatility supportive of directional moves. Price trades near the upper band ($63.50–$64.00), signaling short-term strength but leaving room for potential consolidation if resistance holds. The middle band (20-day MA near $61.50) now acts as immediate support. A close above the upper band may suggest continuation toward the July high of $64.16, while rejection could see a retreat to $61.50.
Volume-Price Relationship
Recent gains (August 13: +4.25%, August 15: +3.42%) were accompanied by elevated volume, validating bullish conviction. The August 8 decline (-5.41%) also saw high volume, confirming selling pressure. However, the subsequent recovery on rising volume signals accumulation. Sustained advances require ongoing volume support, particularly above $63.00. The absence of bearish volume divergences supports trend integrity.
Relative Strength Index (RSI)
The 14-day RSI reads approximately 50, neutral after rebounding from oversold levels near 30 in early August. This recovery reflects improving momentum without immediate overbought risks (RSI <70). The indicator’s mid-range position grants room for additional upside if buying pressure persists. Traders should monitor for divergence if prices rally sharply without RSI confirmation, which may precede reversals.
Fibonacci Retracement
Using the swing low of $41.22 (August 20, 2024) and high of $77.18 (December 9, 2024), key Fibonacci levels are identified at $68.69 (23.6%), $63.44 (38.2%), $59.20 (50%), and $54.96 (61.8%). The current price near $62.37 sits between the 38.2% and 50% retracements, with the $63.44 resistance serving as a critical test. Confluence exists here, as this level aligns with July’s technical resistance ($63.15–$64.16). A decisive breach above $63.44 could open path to $68.69, while rejection may retest support at the 50% level ($59.20).
Multiple confluences support a cautiously bullish outlook: price trades above rising moving averages; MACD and KDJ agree on upward momentum; volume validates recent gains; and RSI leaves room for advancement. Divergence is absent across indicators. However, the proximity to Fibonacci and horizontal resistance ($63.44–$64.16) and overbought KDJ readings may cap immediate upside. A sustained break above $63.15 would strengthen the technical structure, while failure to hold $61.00 could signal consolidation.