EXPE Near 52-Week High, $275 Resistance in Sight
$Expedia(EXPE)$
Expedia Group Inc.(EXPE) Rockets +4.90%: Travel Recovery Momentum Surges, $275 Resistance Breakthrough Imminent
Latest Close Data
EXPE closed at $274.07 on December 11th (EST), gaining +4.90% (+$12.80), just $1.54 away from 52-week high of $279.61.
Trading volume reached 2.54M shares with 1.60x volume ratio, indicating strong institutional participation.
Core Market Drivers
Travel sector momentum continues as holiday booking season peaks and international travel demand strengthens.
Capital inflows of $127.8M over past 5 days signal institutional confidence in post-pandemic recovery trajectory.
Strong earnings momentum with TTM EPS of $10.37 supports current valuation expansion.
Technical Analysis
RSI(6) at 74.31 indicates overbought conditions but maintains bullish momentum.
MACD shows positive divergence with DIF at 8.44 above DEA at 8.02, generating bullish crossover signal.
KDJ indicator at K=82.47, D=79.16 confirms strong upward momentum with room for further gains.
Key Price Levels
Primary Support: $215.00 (major swing low)
Immediate Pivot: $262.38 (today's low)
Strong Resistance: $275.00 (key technical barrier) / $279.61 (52-week high)
Valuation Perspective
Current P/E TTM of 26.43x appears elevated versus historical average but justified by 53.89% ROE and strong cash generation.
P/S ratio of 2.34x remains reasonable for premium travel platform with dominant market position.
Analyst Targets
34 analysts maintain average target of $267.51 (range: $180-$350). Sentiment breakdown: 6 Strong Buy, 9 Buy, 23 Hold ratings reflect cautious optimism amid macro uncertainties.
Weekly Outlook
Expect consolidation between $262-$275 range before potential breakout above 52-week highs.
Volume surge suggests accumulation phase; breach above $275 could trigger momentum toward $285-$290 zone.
Risk Disclaimer
This analysis is for informational purposes only and does not constitute investment advice. Past performance does not guarantee future results. Please conduct your own research and consult financial professionals before making investment decisions.
For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.
🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now
Find out more here.
Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.
Other helpful links:
💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉
How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
