Ctrip's most recent trend suggests a bearish bias. One trading opportunity on Ctrip is a Bear Call Spread using a strike $44.00 short call and a strike $49.00 long call offers a potential 21.95% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $44.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock rose above the $49.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Ctrip is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Ctrip is bearish.
The RSI indicator is at 22.91 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Ctrip
Lastminute.com sold at knockdown rate of £76m
Tue, 16 Dec 2014 18:45:45 GMT
Financial Times – Lastminute.com, the UK travel website that was an icon of the dotcom boom and bust, has been sold by its owners for $120m (£76m) – a small fraction of the £600m price they paid for it back in 2005. Sabre …
Growing Pain, Deutsche Cuts Ctrip.com By 25% On Margin Outlook
Tue, 16 Dec 2014 01:11:00 GMT
Ctrip.com Shares Jump 5.4% on Insider Buying by CEO Liang
Mon, 15 Dec 2014 16:20:02 GMT
Tuniu Announces US$148 Million Investment in Aggregate from a Group of Investors
Mon, 15 Dec 2014 08:45:00 GMT
GlobeNewswire – NANJING, China — Tuniu Corporation (“Tuniu” or the “Company”), a leading online leisure travel company in China, today announced that it has entered into a share subscription agreement …
Mid-Morning Market Update: Markets Open Lower; Adobe Earnings Top Expectations
Fri, 12 Dec 2014 16:34:43 GMT
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