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Ctrip.com International Stock Forecast NASDAQ:CTRP

$25.26 (-12.20%)

Volume: 9M

Closed: Dec 03, 2021

Hollow Logo Score: -6.168

Ctrip.com International Stock Forecast

$25.26 (-12.20%)

Volume: 9M

Closed: Dec 03, 2021

Score Hollow Logo -6.168
Which way will CTRP go? Request

CTRP Stock Risk

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $3.36 between high and low, or 13.45%. For the last week, the stock has had a daily average volatility of 5.69%.

Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] The Ctrip.com International stock currently holds an RSI14 at 21 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

High volatility in Ctrip.com International stock price on Friday which ended trading at $25.26
(Updated on Dec 03, 2021)


Sell candidate since 2021-12-01 Loss -9.62%

The Ctrip.com International stock price fell by -12.20% on the last day (Friday, 3rd Dec 2021) from $28.77 to $25.26. During the day the stock fluctuated 13.45% from a day low at $24.94 to a day high of $28.29. The price has been going up and down for this period, and there has been a -14.23% loss for the last 2 weeks. Volume has increased on the last day by 3 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 9 million shares were bought and sold for approximately $239.02 million.

The stock has broken the wide and falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point ($26.41) are considered to be a "second chance" to get out. According to the fan-theory $21.10 will represent the new bottom line of the next trend, but it is far too early to say this for certain.

Signals & Forecast

There are few to no technical positive signals at the moment. The Ctrip.com International stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $27.65 and $29.52. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, November 08, 2021, and so far it has fallen -18.83%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $3.36 between high and low, or 13.45%. For the last week, the stock has had a daily average volatility of 5.69%.

Ctrip.com International is oversold on RSI14 (21). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Ctrip.com International stock A Buy?

Ctrip.com International holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.

Current score: -6.168

Predicted Opening Price for Ctrip.com International of Monday, December 6, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price December 6, 2021 Current price
$26.16 $25.26 (Undervalued)
Strong Sell Candidate Downgraded

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Volatility and Risk
Daily Average Volatility: 5.69 %
Overall Risk: Very High High Medium Low Very Low
Volatility
5.69 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $28.61
Price: $25.26
No Support Found

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 29.52 16.85 %
28.24 11.78 %
27.44 8.64 %
Current price: 25.26
Support 24.88 -1.50 %
24.09 -4.64 %
22.81 -9.71 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 29.34 16.15 %
29.10 15.20 %
28.61 13.26 %
Current price 25.26
Support 0 .
0 .
0 .

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About Ctrip.com International

Ctrip.com International, Ltd., together with its subsidiaries, provides travel service for accommodation reservation, transportation ticketing, packaged tours, and corporate travel management in the People’s Republic of China. The company operates as an agent for hotel-related transactions; sells air tickets; and other related services, including sale of aviation and train insurance, air-ticket delivery services, online check-in, and other value... Read more

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