Correction imminent in Trivago N.V. ADR (NASDAQ:TRVG)?

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Shares of Trivago N.V. (NASDAQ:TRVG) are currently poised at -0.30% from the open today and are trading at $19.96. More than 9,427,846 shares have exchanged hands compared to an average trading volume of 806.05K. At the current pps, the market cap stands at $4.89B. The stock prices of trivago N.V. (NASDAQ:TRVG) are currently trading at 5.27% below its 52 week high and 83.46% above its 52 week low.

trivago N.V. (NASDAQ:TRVG) has been in the news for all the right reasons. Recently, trivago N.V. (NASDAQ:TRVG) announced its first-quarter results and, boosted by a strong start to the year, reaffirmed its full-year guidance that it recently increased.

trivago N.V. (NASDAQ:TRVG) is all set to announce its earnings on May 15/b. As per Zack’s analyst ratings, trivago N.V. (NASDAQ:TRVG) currently has an average brokerage rating of 1.75. On a scale of 1 to 5, a rating of 1 or 2 would indicate a buy, and a rating of 4 or 5 would signify a sell recommendation. A rating of 3 would indicate a hold on the stock. The consensus target price on (NASDAQ:TRVG) is $15.5 with a high of $18 and a low of $13.

Let’s take a look at the technical analysis.

The Barchart Technical Opinion rating is a 96% Buy and ranks in the Top 1% of all short term signal directions. Longer term, the trend strength is Maximum. Long term indicators fully support a continuation of the trend.

The Exponential Moving Average (EMA) is similar to a simple moving average (average price over a set period) but it utilizes a weighting factor that exponentially declines from the most recent data point (recent prices are weighted higher than oil prices). EMA analysis compares the short term (5 days and 13 days), intermediate term (20 days) and long term (50 days) EMA’s. The respective EMA’s will give bullish signals when trading above trailing EMA’s and below the current price and vice versa. EMA alerts include crossovers (i.e the 5 day EMA crosses above/below the 20 day EMA) and EMA convergencies (5 day EMA equivalent to 13 day EMA).

The relative strength index (RSI) is a momentum oscillator that is able to measure the velocity and magnitude of stock price changes. Momentum is calculated as the ratio of positive price changes to negative price changes. The RSI analysis compares the current RSI against neutral(50), oversold (30) and overbought (70) conditions. Alerts will inform you when stocks recede from oversold/overbought levels or breakthrough neutral (50).

As such, while we believe trivago N.V. (NASDAQ:TRVG) represents a compelling growth story exposed to several secularly attractive markets, it would be interesting to see how it fairs for long-term investors.

trivago N.V. is a technology company. It provides internet-related services and products in the fields of hotels, lodging and metasearch. trivago N.V. is based in Duesseldorf, Germany.

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