Why are Trip.com Group shares down 3.8% today?

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Trip.com drops 3.83% today to $39.09

Highlights

Trip.com Group stock trades below key moving averages with sellers dominating across all time frames.
Price closed near the session low at $39.09, down 3.83%, with persistent bearish momentum across all indicators.
Trading is expected in the $38 to $39.8 range over five sessions with a high probability of further decline.

Anton Kharitonov, expert at Traders Union, notes that TCOM is facing relentless selling pressure as technical indicators remain deeply negative. He points out the break below all major moving averages and highlights the overwhelming bearish momentum in both short and long timeframes. The absence of supportive news further erodes sentiment, leaving buyers with little reason to enter. Oversold conditions exist, but Kharitonov finds no confirming signals for an imminent reversal. "As long as technical breakdowns persist and buyers remain sidelined, there is no reason to expect a turnaround in TCOM any time soon," he concludes.

Viktoras Karapetjanc, expert at Traders Union, acknowledges the current weak sentiment around TCOM but remains focused on long-term opportunity. He sees the oversold momentum as a potential setup for rebound, especially if key resistance at $39.8 is retaken. Though short-term headwinds persist, Karapetjanc believes structural fundamentals can reassert in coming weeks. "Technical corrections often offer fresh entry points — I expect TCOM’s bullish structure to recover if buyers reclaim higher ground above $39.8," he emphasizes.

Sholanke Dele, market strategist, underlines the clear dominance of bears in the recent TCOM slide. He is skeptical of any near-term recovery since there were no positive news drivers or changes in market sentiment on target dates. Dele warns the current consolidation may simply precede further weakness rather than any sustainable bounce. "No shift in macro or sentiment factors means sellers are still in control — any upside will likely be short-lived," he warns.

Downside pressure persists as key averages break and momentum weakens

TCOM has fallen below its 20-day, 50-day, and 200-day moving averages ($44.63, $44.04, and $54.08 respectively), indicating strong downward pressure from sellers in both the short and long term. The nearest resistance stands at $39.18, with support seen at $38. The alignment of the 50-day below the 200-day average maintains a firmly bearish structure. Momentum indicators reinforce this view, as MACD signals 'Sell' and ADX remains neutral. Oscillators highlight oversold conditions, with a 27.6 RSI, 0 Stochastic RSI, and a CCI of -215.57. Bull/Bear Power at -2.17 confirms intraday selling dominance, while the Awesome Oscillator signals continued downside. Sellers have remained in control since the market open, with volatility at 2.88%.

Earlier, analysts noted that Trip.com Group was experiencing sustained bearish momentum following weak earnings and a key downgrade. The latest breakdown below major moving averages reinforces this negative outlook, making a decisive move below $38 the primary downside risk to monitor going forward.

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

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