Booking Holdings (BKNG) Earnings Forecast: MACD Indicator Suggests a Bullish Trend Ahead of Thursday's Report
Booking Holdings (NASDAQ: BKNG), the parent company of well-known online travel brands such as Booking.com, Priceline, and Kayak, is scheduled to report its earnings on Thursday, May 4. Investors are keenly watching the stock's performance as the company's Moving Average Convergence Divergence (MACD) histogram crossed above the signal line on May 2, 2023, indicating a potential bullish trend.
The MACD is a widely followed technical indicator used by traders to identify changes in a stock's momentum. When the MACD line crosses above the signal line, it usually signals a buying opportunity, as it suggests that the stock's momentum is shifting towards an upward trend.
A historical analysis of BKNG's performance following a positive MACD crossover reveals that in 34 of 49 instances, the stock continued to rise in the following month. This translates to a 69% chance of a continued upward trend for the shares of the online travel giant.
Given the current global economic recovery and the resurgence of the travel industry following the COVID-19 pandemic, investors have been optimistic about the potential for strong earnings from Booking Holdings. The company has benefited from the easing of travel restrictions and increasing vaccination rates, which have resulted in growing demand for travel bookings.
As we approach the release of Booking Holdings' earnings report, market participants will be watching closely for any updates on the company's performance and future outlook. The positive MACD crossover offers a promising signal, and if history serves as a reliable guide, investors may be in for a period of continued growth for BKNG shares.
However, it's important to note that while the MACD is a helpful tool in predicting stock trends, it should not be the sole basis for any investment decision. Investors should consider various factors, including the company's fundamentals, industry trends, and the overall market environment before making any decisions.
The recent positive MACD crossover for BKNG shares hints at a potentially bullish trend ahead of the company's earnings announcement on Thursday, May 4. Investors will be closely watching the results to gauge the company's performance and determine whether the positive momentum will continue in the weeks to come.
BKNG in upward trend: 10-day moving average broke above 50-day moving average on April 29, 2025
The 10-day moving average for BKNG crossed bullishly above the 50-day moving average on April 29, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 17, 2025. You may want to consider a long position or call options on BKNG as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for BKNG just turned positive on April 11, 2025. Looking at past instances where BKNG's MACD turned positive, the stock continued to rise in of 54 cases over the following month. The odds of a continued upward trend are .
BKNG moved above its 50-day moving average on April 23, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BKNG advanced for three days, in of 354 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 307 cases where BKNG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for BKNG moved out of overbought territory on May 08, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 50 similar instances where the indicator moved out of overbought territory. In of the 50 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 13 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BKNG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BKNG broke above its upper Bollinger Band on April 30, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. BKNG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: BKNG's P/B Ratio (98.039) is very high in comparison to the industry average of (13.519). P/E Ratio (30.391) is within average values for comparable stocks, (57.817). Projected Growth (PEG Ratio) (1.018) is also within normal values, averaging (1.802). Dividend Yield (0.002) settles around the average of (0.052) among similar stocks. P/S Ratio (6.101) is also within normal values, averaging (23.664).
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General Information
a provider of online travel and related services
Industry OtherConsumerServices