Stocks Showing Improved Relative Strength: TripAdvisor

The Relative Strength (RS) Rating for TripAdvisor (TRIP) entered a higher percentile Friday, as it got a lift from 70 to 74.


As you try to find the best stocks to buy and watch, keep a close on eye on relative price strength.

IBD’s proprietary RS Rating tracks technical performance by showing how a stock’s price movement over the last 52 weeks measures up against that of the other stocks in our database.

Decades of market research shows that the best-performing stocks typically have an 80 or better RS Rating as they launch their largest runs. See if TripAdvisor can continue to show renewed price strength and hit that benchmark.

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TripAdvisor is now considered extended and out of buy range after clearing a 24.82 buy point in a first-stage cup without handle. See if the stock forms a new chart pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.

Earnings-per-share growth declined in the company’s latest report from 0% to -657%, but revenue rose from -65% to -56%. Look for the next report on or around Aug. 6.

TripAdvisor holds the No. 9 rank among its peers in the Leisure-Travel Booking industry group. Travelzoo (TZOO) and Expedia (EXPE) are also among the group’s highest-rated stocks.


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