Ctrip's most recent trend suggests a bearish bias. One trading opportunity on Ctrip is a Bear Call Spread using a strike $66.50 short call and a strike $71.50 long call offers a potential 36.99% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $66.50 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $3.65 would be incurred if the stock rose above the $71.50 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 52.86 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Ctrip
CMMobile Partners with Ctrip
Sat, 16 Aug 2014 18:14:38 GMT
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Ctrip to Hold Annual General Meeting on September 19, 2014
Thu, 14 Aug 2014 11:12:54 GMT
noodls – SHANGHAI, Aug. 14, 2014 /PRNewswire/ — Ctrip.com International, Ltd. (Nasdaq: CTRP), a leading travel service provider of hotel accommodations, airline tickets, packaged tours and corporate travel management …
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