The stock of Trivago NV ADR (TRVG) does not have a lot of price history to work with -- and unfortunately it has been making new lows for the move down. Can a single-digit price attract buyers, or is the stock headed still lower? Let's look at the charts and indicators.
In this limited daily bar chart of TRVG, below, we can see that prices are below the declining 50-day moving average line and the short history of the 200-day line. The On-Balance-Volume (OBV) line has been weak since early August and tells us that sellers of TRVG have been more aggressive than buyers.
The lower panel shows the 12-day momentum study, which has lower highs from August -- and this tells us that the pace of the decline has slowed. Momentum is a difficult indicator to work with in that it does not have clear buy-and-sell signals. This bullish divergence could foreshadow a price recovery, but without the OBV line bottoming I would not expect much of a rally, should it occur.
In this Point and Figure chart of TRVG, below, we can see a further downside price target of $5.
Bottom line: I have never tried the Trivago web site to find a hotel room, and the downtrend on the chart is not encouraging me to take look.