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Internet & Direct Marketing Retail Industry Stocks Technical Analysis - BKNGArchive - 3/21/2025 - Sign In to see current Signals. |
Booking Ho (BKNG) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was a first positive week after 4 consecutive negative weeks for the Booking Ho (BKNG). During the week, the BKNG gained 152.00 points, or 3.40%, and closed at 4617.00 on Friday, March 21, 2025. Weekly volume was 38% above average. BKNG is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See BKNG long-term trend chart] A long-term downtrend had started on December 6, 2024 at 5337.20 and reached 4279.00 on March 13, 2025. BKNG lost 1058.20 points, or 19.83%, in 13 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 4224.66 and resistance is at 5259.92. A Broadening Descending 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 Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a long-term trend.
Medium-term trend: [See BKNG medium-term trend chart] A medium-term downtrend had started on February 21, 2025 at 5282.00 and reached 4279.00 on March 13, 2025. BKNG lost 1003.00 points, or 18.99%, in 2 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (3973.00) 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 medium-term trend.
Weekly Technical Indicators: [See BKNG weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since January 10, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See BKNG short-term trend chart] A short-term uptrend had started on March 13, 2025 at 4279.00 and reached 4653.00 on March 20, 2025. BKNG gained -374.00 points, or -8.74%, in 7 days. The price is now at the 9.63% retracement level.
Daily Technical Indicators: [See BKNG daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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