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Marriott International Crosses Above its 10-day MA (MAR)

By Amy Schwartz

Marriott International (NYSE:MAR) shares have crossed bullishly above their 10-day moving average of $67.34 on a volume of 276K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Marriott International share prices have been bracketed by a low of $56.43 and a high of $81.55 and are now at $67.83, 20% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.4%.

SmarTrend is tracking the current trend status for Marriott International and will alert subscribers who have MAR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Marriott International

Ticker(s): MAR