Booking Holdings holds up as its sector falls
Booking Holdings slips 2.3% but holds up better than its falling sector
Booking Holdings holds up as its sector falls
Our view last week
Booking Holdings shares rise 1.8% in a week when the Consumer Discretionary sector gives back 1.5%: a clean case of relative strength. In this week's technical analysis the bounce comes from the daily chart, off the 20-day moving average in the 178 area — a touch in the 175 area, a 4% rebound. The buy signal is in its fourth week, the stop is already at breakeven, and signal strength stays high, though contracting volume deserves attention.
This week's summary
Booking Holdings shares slip 2.3% this week while the Consumer Discretionary sector drops a sharper 5.22%: the relative strength holds up, same as last week. Price is pinned in a tight band between the 20-day moving average and the daily pivot line, almost overlapping in the 177 area. In our weekly technical analysis the buy signal is in its fifth week, signal strength at 70 out of 100, the stop already at breakeven, while the weekly ADX and MACD lose steam.
IQS Phase
52
ordinary
Signal Strength
70
high · wide move
Sizing
FULL
Ranking
#22 / 124
US stocks in progress
Trade P&L %
+3.31%
from signal to today
Rank position
ranks 22nd among the 124 Longs already running for US stocks in our ranking, with a signal strength of 70 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimeweak phase
Performanceweekly -5.22% · monthly -4.92%
BKNG belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified weak phase according to our weekly reading.
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