Based on the current market data and technical indicators, TCOM stock shows a neutral to slightly bullish momentum. The stock is currently trading at $69.235 during regular market hours with a modest gain of +0.02% .
The stock has strong analyst support with multiple "Strong Buy" ratings and an average price target of $78.38, suggesting a potential upside of around 13% from current levels. Recent analyst actions include Benchmark reiterating their Strong Buy rating with an $80 price target and Citigroup raising their target to $78 while maintaining a Strong Buy rating.
The technical indicators show:
- RSI at 50.33, indicating neutral momentum
- MACD at 0.58, suggesting slight bullish momentum
- Trading above 20-day SMA of $68.54, showing short-term strength
The stock has recently shown resilience despite broader market volatility. While it experienced a 12.95% decline in the past month, the company maintains strong fundamentals with projected revenue growth of 17.03% to $1.7 billion in the upcoming quarter.
Given the current technical setup and strong analyst consensus, investors could consider buying TCOM at current levels, particularly with multiple price targets suggesting significant upside potential. However, watch for support at the Fibonacci S1 level of $68.52 and resistance at R1 of $73.28.