Priceline Group Inc (NASDAQ:PCLN) Options Trading Alert

Posted by: : Shayne HeffernanPosted on: March 11, 2015 Priceline Group Inc (NASDAQ:PCLN) Options Trading Alert

Priceline Group Inc (NASDAQ:PCLN) Options Trading Alert

PRICELINE GRP closed down -6.090 at 1,185.000. Volume was 94% below average (consolidating) and Bollinger Bands were 43% wider than normal.

Open High Low Close Volume___
1,192.5401,194.7801,181.0401,185.000 50,488

Technical Outlook
Short Term: Oversold
Intermediate Term: Bullish
Long Term: Bullish

Moving Averages: 10-period 50-period 200-period
Close: 1,223.68 1,108.39 1,168.86
Volatility: 17 36 33
Volume: 616,373 830,749 799,871

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Trade in PCLN Equities and Options with the World’s Leading Platform Open an account here , call us at 305 490 4116, or email us to get started.

Bollinger Bands are 67.09% wider than normal. The large width of the bands suggest high volatility as compared to PRICELINE GRP’s normal range. Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the near-term. The bands have been in this wide range for 15 period(s). The probability of prices consolidating into a less volatile trading range increases the longer the bands remain in this wide range.


PRICELINE GRP is currently 1.4% above its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect moderate flows of volume into PCLN.O (mildly bullish). Our trend forecasting oscillators are currently bullish on PCLN.O and have had this outlook for the last 17 periods.

Momentum Indicators

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 13.8298. This is an oversold reading. However, a signal is not generated until the Oscillator crosses above 20 The last signal was a sell 8 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 54.22. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 5 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -153.This is an oversold reading. However, a signal isn’t generated until the indicator crosses above -100. The last signal was a sell 9 period(s) ago.


The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 3 period(s) ago.

Priceline Group Inc., formerly Priceline.Com Incorporated provides online travel company that connects consumers wishing to make travel reservations with providers of travel services around the world. The Company offers consumers accommodation reservations through its, and brands. In the United States, the Company also offers consumers reservations for rental cars, airline tickets, vacation packages and cruises through the brand. The Company offers rental car reservations worldwide through The Company also allows consumers to easily compare airline ticket, hotel reservation and rental car reservation information from hundreds of travel websites at once through KAYAK’s websites and mobile applications. The Company’s services include International, United States and Meta-search Services.

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

Trade FX, Equities and Options with the World's Leading Platform , call our trade desk 631 482 0376, or contact us to get started.

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