Expedia Stock Forecast

EXPE Signals & Forecast

There are few to no technical positive signals at the moment. The Expedia 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 $106.42 and $107.98. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, August 14, 2023, and so far it has fallen -6.83%. 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 fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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Support, Risk & Stop-loss for Expedia stock

Expedia finds support from accumulated volume at $104.16 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 $1.76 between high and low, or 1.68%. For the last week the stock has had daily average volatility of 2.17%.

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

Trading Expectations (EXPE) For The Upcoming Trading Day Of Thursday 21st

For the upcoming trading day on Thursday, 21st we expect Expedia to open at $104.82, and during the day (based on 14 day Average True Range), to move between $101.37 and $107.21, which gives a possible trading interval of +/-$2.92 (+/-2.80%) up or down from last closing price. If Expedia takes out the full calculated possible swing range there will be an estimated 5.60% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $104.16 (0.12%) than the resistance at $106.91 (2.51%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Expedia stock A Buy?

Expedia 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.

Current score: -1.855 Open Broker Account

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