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

By Amy Schwartz

Today, shares of Marriott International (NYSE:MAR) have crossed bearishly below their 10-day moving average of $68.93 on a volume of 287K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower 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 $68.65, 22% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has slid 0.2%.

SmarTrend is monitoring the recent change of momentum in Marriott International. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Marriott International in search of a potential trend change.

Keywords: moving crosses Marriott International

Ticker(s): MAR