Taking this into account, Cantor Fitzgerald initiated its TripAdvisor Inc [TRIP] rating to an Underweight in a research note published on September 05, 2024; the price target was $12. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who decreased its forecast for the stock in early August from “a Buy” to “a Neutral”. DA Davidson also remained covering TRIP and has decreased its forecast on May 09, 2024 with a “Neutral” recommendation from previously “Buy” rating. BMO Capital Markets started covering the stock on January 09, 2024. It rated TRIP as “a Market perform”.
Price Performance Review of TRIP
On Friday, TripAdvisor Inc [NASDAQ:TRIP] saw its stock jump 0.54% to $15.02. Over the last five days, the stock has gained 16.71%. TripAdvisor Inc shares have risen nearly 1.69% since the year began. Nevertheless, the stocks have fallen -41.05% over the past one year. While a 52-week high of $19.37 was reached on 02/11/25, a 52-week low of $10.43 was recorded on 04/09/25. SMA at 50 days reached $13.34, while 200 days put it at $14.67.
Levels Of Support And Resistance For TRIP Stock
The 24-hour chart illustrates a support level at 14.73, which if violated will result in even more drops to 14.43. On the upside, there is a resistance level at 15.32. A further resistance level may holdings at 15.63. The Relative Strength Index (RSI) on the 14-day chart is 68.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.70, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.37%. Stochastics %K at 94.30% indicates the stock is a selling.
