Trip.com Group Stock Clears Key Benchmark, Hitting 80-Plus RS Rating
On Thursday, Trip.com Group stock, had its Relative Strength (RS) Rating upgraded to 84, up from 80 a day earlier.
Focus on stocks with rising relative prices when looking for the best stocks you should buy and monitor.
Trip.com Group's (TCOM), whose Relative Strength Rating (RS) was upgraded Thursday from 80 to an 84, is one stock that meets this criteria.
Relative price strength is a factor to consider when deciding which stocks to purchase and monitor.
IBD's unique RS Rating identifies the market leader by comparing the price movement of a stock over the past 52 weeks to that of other stocks in our database.
The market's most successful players tend to have RS ratings north of 80 at the beginning of their moves.
Trip.com Group stock: is it a good buy?
Trip.com Group is consolidating with a buy point of 40.17. Check if there is a breakout in volume that is at least 40% more than normal.
The top line grew 107% from -1% to 38% in the previous report.
Trip.com Group's stock is ranked No. 3 among its peers in the Leisure-Travel Booking industry group. Trip.com Group stock is ranked No. 3 amongst its peers in Leisure-Travel Booking Industry group. Booking Holdings ADR (BKNG), and Trip.com Group (TCOM) also rank among the highest-rated stocks in this group.