The Hourly View for EXPE
Currently, EXPE’s price is up $0.35 (0.37%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as EXPE has now gone up 4 of the past 5 hours. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 20 hour moving average has been crossed, being above it. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
EXPE’s Technical Outlook on the Daily Chart
At the moment, EXPE’s price is up $2.27 (1.8%) from the day prior. It’s been a feast for bulls operating on the daily timeframe, as EXPE has now gone up 4 of the past 5 days. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 20 day timeframe. The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. The chart below shows EXPE’s price action over the past 90 days.
For EXPE News Traders
Investors and traders in EXPE may be particularly interested in the following story that came out in the past day:
Airbnb plans to raise $2.5 billion with an initial public offering that will price shares in the range of $44 to $50, according to an updated filing. The IPO could occur in mid-December.
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