BKNG Rides Bullish EMAs Higher to $5440.14
BullishBooking Holdings Inc (BKNG) closed down 0.12% at $5440.14 on December 27.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($5387.91) with a bullish stack. The 21-day EMA at $5276.58 provides support.
Momentum
RSI at 69.7 is in neutral territory. MACD is bullish (110.10 vs signal 93.02).
Volatility
Bollinger Band width at 13.3% indicates normal volatility.
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
Key levels to watch: Support at $4908.27, Resistance at $5606.97.