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Uptrend SupportArchive - 3/15/2024 - Sign In to see current Signals. |
Expedia Inc. (EXPE) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Expedia Inc. (EXPE). During the week, the EXPE dropped -2.31 points, or -1.70%, and closed at 133.47 on Friday, March 15, 2024. Weekly volume was -17% below average. Long-term trend: [See EXPE long-term trend chart] A long-term downtrend had started on February 16, 2022 at 217.72 and reached 82.39 on December 22, 2022. EXPE lost 135.33 points, or 62.16%, in 44 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (101.32) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend. Medium-term trend: [See EXPE medium-term trend chart] A medium-term uptrend had started on May 4, 2023 at 87.94 and reached 160.05 on February 8, 2024. EXPE gained -72.11 points, or -82.00%, in 40 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 95.82 and resistance is at 167.09. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend. Weekly Technical Indicators: [See EXPE weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since February 16, 2024. Use the following link to access a MACD help. Short-term trend: [See EXPE short-term trend chart] A short-term uptrend had started on March 7, 2024 at 131.41 and reached 138.13 on March 12, 2024. EXPE gained -6.72 points, or -5.11%, in 5 days. The price is now at the 69.35% retracement level. Daily Technical Indicators: [See EXPE daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since March 7, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The distance between the Bollinger Bands (4.35%) is close to one year low (4.83%). It is 72.57% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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