Trip.com Group stock holds steady as price tests $36.03 support

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Trip.com Group slides 0.3% today

Highlights

TCOM/USD trades under major moving averages, signaling persistent downside momentum across short, medium, and long timeframes.
Technical indicators show strong selling pressure, with momentum negative and limited bullish conviction despite short-term rebound signals.
Trading is expected in a $36.03 to $43.65 range with a 77% probability of further downside unless $40.14 resistance is reclaimed.

Bearish momentum persists amid clustered resistance and weak indicators

On the H1 timeframe, TCOM is trading below the 20-period moving average at $40.18 and the 50-period moving average at $42.63, and it also remains well under the long-term 200-period moving average at $61.16 on the daily chart. The Ichimoku Kijun sits at $40.14, serving as immediate resistance, while key technical support is observed near $36.03 and next resistance is seen at $43.65. Both the Moving Average Convergence Divergence (MACD) and the Average Directional Index (ADX) are in strong sell territory, confirming negative momentum. The Relative Strength Index (RSI) is at 34.42 and the Commodity Channel Index (CCI) also suggest continued selling pressure. The Stochastic RSI signals a possible short-term rebound due to a divergence, though the Awesome Oscillator does not confirm the prevailing trend. Bull/Bear Power points to dominating sellers at current levels.

Downside risk dominates as sideways consolidation likely without catalyst

Looking ahead to the next several sessions, TCOM is likely to trade in a range between $36.03 and $43.65—a typical volatility corridor relative to the current price. There is a 23% probability of an upward move should the price break out above the $40.14 resistance, but the downside scenario, with a move below $36.03, remains more probable at 77%. The base case scenario sees the stock consolidating sideways within this band unless a catalyst triggers a breakout.

Anton Kharitonov, expert at Traders Union, sees TCOM locked in a persistent downtrend, with technical indicators remaining negative and no news to shift sentiment. He notes that strong resistance above the $40.14 level reduces the probability of an upside move, while the bearish setup is reinforced by momentum and trend indicators. Until the price reclaims major resistance, his outlook remains defensive. "Base case remains a sideways or lower drift, and unless TCOM breaks above $40.14, I am staying cautious on this stock."

Source of Data: TCOM Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.