Expedia Stock Forecast

Stronger technical forecast for Expedia stock price after Friday trading.
(Updated on May 17, 2024)

EXPE Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, May 08, 2024, and so far it has risen 2.21%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Expedia 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 $126.41. On a fall, the stock will find some support from the short-term average at $113.06. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Expedia stock

Expedia finds support from accumulated volume at $112.91 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.81 between high and low, or 1.60%. For the last week, the stock has had daily average volatility of 1.69%.

Expedia is oversold on RSI14 (20). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: $107.14 (-6.02%) (This stock has high daily movements and this gives high risk. Low RSI14 is 20 which reduces the risk some. There is a buy signal from a pivot bottom found 7 days ago.)

Trading Expectations (EXPE) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect Expedia to open at $113.79, and during the day (based on 14 day Average True Range), to move between $110.79 and $117.23, which gives a possible trading interval of +/-$3.22 (+/-2.82%) up or down from last closing price. If Expedia takes out the full calculated possible swing range there will be an estimated 5.65% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $112.91 (0.96%) than the resistance at $115.33 (1.16%), 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 positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.932 Hold/Accumulate Upgraded

Predicted Opening Price for Expedia of Monday, May 20, 2024

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