Trip.com Surges 15% To $75 On Heavy Volume As Technicals Signal Bullish Momentum

Trip.com (TCOM) surged 14.92% in the latest session to $75.03, extending a two-day gain of 15.56% on elevated volume, signaling strong bullish momentum. The technical landscape reveals key confluences and divergences across indicators, as analyzed below.
Candlestick Theory
The most recent session formed a robust bullish marubozu candle with negligible upper shadow ($75.03 close near $75.35 high), reflecting sustained buying pressure throughout the day. This pattern emerged near the psychologically significant $70 support zone, previously tested multiple times in Q3 2025. Resistance is now forming near the August high of $75.35, with a decisive break potentially targeting the year's peak at $77.18. Consecutive green candles after a consolidation phase suggest accumulation.
Moving Average Theory
The 50-day MA ($64.12) crossed above the 100-day MA ($62.80) in late July 2025, confirming a bullish medium-term bias. Current price action ($75.03) trades well above all key moving averages (50/100/200-day), with the ascending 200-day MA ($60.85) acting as major support. The expanding distance between shorter and longer-term MAs reflects accelerating upside momentum. Price posture indicates a strong bullish trend alignment across timeframes.
MACD & KDJ Indicators
MACD (12,26,9) shows a bullish crossover above the signal line, with histogram bars expanding positively – confirming renewed upward momentum. Meanwhile, the KDJ oscillator presents divergence: The %K line (87) and %D line (82) have entered overbought territory (>80), yet maintain upward slopes without bearish crossovers. This divergence between MACD's confirmation and KDJ's overbought warning suggests near-term consolidation risk, though the primary trend remains intact.
Bollinger Bands
Price currently trades near the upper Bollinger Band ($74.20), typically signaling overextended conditions. However, the recent band expansion (volatility surge) after a prolonged contraction phase validates the breakout's legitimacy. Upper band touch coincides with resistance at $75.35, increasing near-term pullback probability. Watch for sustained closes above $75 to confirm continuation strength.
Volume-Price Relationship
The 14.92% surge occurred on 8.96M shares – nearly 3x the 50-day average volume – confirming institutional participation. Volume has consistently expanded during up days (notably August 19th, July 7th) versus muted activity in pullbacks. This "volume confirmation" pattern reinforces the uptrend's sustainability and distinguishes it from technical rebounds.
Relative Strength Index (RSI)
The 14-day RSI (72) has entered overbought territory but avoids extreme readings (>80). Historically, TCOM has sustained RSI levels between 70-80 during strong trends (e.g., April 2025 rally). While caution is warranted, the lack of bearish divergence and fundamental catalysts (e.g., travel demand recovery) mitigates immediate reversal risks. This signals strong momentum that could persist before mean-reversion occurs.
Fibonacci Retracement
Applying Fib levels to the dominant uptrend from September 2024 low ($46.63) to May 2025 high ($77.18) shows critical support at the 38.2% retracement ($65.50). Price notably rebounded from this level twice in August 2025. Current trading above the 23.6% level ($71.30) reinforces bullish control. A close above the 0% level ($77.18) would signal resumption of the primary uptrend, while the 61.8% level ($59.80) serves as major trend-defending support.
Confluence and Divergence Observations
Strong confluence exists between volume validation, MA alignment, and MACD signals, confirming the bullish bias. Divergence appears in KDJ/RSI overbought readings versus Bollinger Band expansion – typical of strong breakouts. Key resistance at $75.35 aligns with the August high and upper Bollinger Band, making this a decisive level. Traders should monitor whether momentum indicators cool without significant price deterioration. The prevailing technical structure favors upside continuation toward the $77.18 yearly high if $75.35 resistance breaches decisively, though overbought oscillators warn of near-term consolidation.