|
Downtrend Broken Resist.Archive - 1/3/2025 - Sign In to see current Signals. |
Marriott Int'l. (MAR) Technical Analysis
|
|
| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Marriott Int'l. (MAR). During the week, the MAR dropped -8.40 points, or -2.96%, and closed at 275.30 on Friday, January 3, 2025. It was the worst weekly loss since August 2, 2024. Weekly volume was -17% below average. MAR is a member of Consumer Discretionary Sector. Consumer Discretionary is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See MAR long-term trend chart] A long-term uptrend had started on November 21, 2008 at 11.88 and reached 295.45 on December 6, 2024. MAR gained -283.57 points, or -2386.95%, in 837 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (111.91) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend. Medium-term trend: [See MAR medium-term trend chart] A medium-term uptrend had started on June 23, 2022 at 131.01 and reached 295.45 on December 6, 2024. MAR gained -164.44 points, or -125.52%, in 128 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 220.11 and resistance is at 297.09. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend. Weekly Technical Indicators: [See MAR weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is above its signal line since September 20, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help. Short-term trend: [See MAR short-term trend chart] A short-term uptrend had started on August 5, 2024 at 204.55 and reached 295.45 on December 6, 2024. MAR gained -90.90 points, or -44.44%, in 123 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (284.46) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. MAR may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend. Daily Technical Indicators: [See MAR daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since November 26, 2024. During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|