TCOM Price Prediction Next Week
TCOM Stock Price Prediction and Recommendation
Based on the analysis of news sentiment and technical indicators, the predicted stock price for Trip.com (TCOM) next trading week is $66.47.
Key Analysis:
News Sentiment:
- Bullish Options Activity: High call volume indicates strong bullish sentiment, with a focus on Mar-25 75 and 70 calls.
- Baidu's Stake Reduction: Baidu's decision to reduce its stake in TCOM has introduced volatility, with TCOM's stock dropping 3.6% following the announcement.
Technical Indicators:
- RSI: TCOM's RSI is at 51.54, indicating a neutral position.
- MACD: The MACD is slightly bearish, with a value of -0.14.
- Fibonacci Levels: Key resistance at 66.47 and support at 60.39.
Recommendation:
Given the current technical setup and news sentiment, TCOM is expected to test the resistance level of $66.47. If the stock reaches this level, it is recommended to sell, as it may face selling pressure at this resistance point.
TCOM Similar Chart Price Prediction
The price of TCOM is predicted to go up 4.36%, based on the high correlation periods with NLY. The similarity of these two price pattern on the periods is 93.83%.
TCOM
NLY
Up: 4.36%Similarity: 93.83%
TCOM Revenue Forecast
TCOM EPS Forecast
TCOM FAQs
What is TCOM revenue forecast for next quarter？
What is TCOM eps forecast for next quarter？
TCOM VS S&P500
The number of Chinese passport holders is only about 10%-15% of the population, which should provide Trip.com with secular demand given the low saturation.
International and outbound business will eventually recover and drive margins upwards. Margin expansion will be dictated by its higher-margin businesses, including international air and hotels.
The industry will see less competition in the future than before due to current headwinds faced, and thus lesser disruptions to its long-term business plan.
TCOM Analyst's Forecast
Fawne Jiang
Benchmark
Strong Buy
2025-01-14
Price Target
$80
Upside
+24.22%
Virtual Meeting to be held on January 9 at 8 am hosted by Benchmark.
Brian Gong
Citigroup
Strong Buy
2025-01-03
Price Target
$73 → $78
Upside
+15.38%
Jiong Shao
Barclays
Buy
2024-11-20
Price Target
$76 → $84
Upside
+28.89%
