Despegar.com Corp Stock Forecast

Sell candidate since Apr 10, 2025 Gain 0.42%

No changes to the price of Despegar.com Corp stock on the last trading day (Thursday, 17th Apr 2025). During the last trading day the stock fluctuated 0.236% from a day low at $19.09 to a day high of $19.13. The price has risen in 6 of the last 10 days and is up by 1% over the past 2 weeks.

The stock has broken the narrow and horizontal trend up. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately. $19.10 is considered to be a "second chance" to hit a potential runner. It is, however, important that volume does follow the price as false breaks may appear and it may move back into the horizontal trend. Based on the rectangle-formation theory the stock is predicted to reach $19.75 sometime during the next 3 months.

DESP Signals & Forecast

There are mixed signals in the stock today. The Despegar.com Corp stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $19.11. On a fall, the stock will find some support from the short-term average at $19.08. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Wednesday, April 16, 2025, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Despegar.com Corp stock

Despegar.com Corp finds support from accumulated volume at $19.02 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0450 between high and low, or 0.236%. For the last week the stock has had daily average volatility of 0.616%.

The Despegar.com Corp stock is extremely overbought on RSI14 (77). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.

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

Trading Expectations (DESP) For The Upcoming Trading Day Of Monday 21st

For the upcoming trading day on Monday, 21st we expect Despegar.com Corp to open at $19.11, and during the day (based on 14 day Average True Range), to move between $18.91 and $19.29, which gives a possible trading interval of +/-$0.193 (+/-1.01%) up or down from last closing price. If Despegar.com Corp takes out the full calculated possible swing range there will be an estimated 2.02% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $19.02 (0.42%) than the resistance at $19.21 (0.58%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Despegar.com Corp stock A Buy?

Despegar.com Corp holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.625 Sell Candidate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on April 21, 2025 - $19.11 ( 0.0262%).