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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 $66.98 on a volume of 681K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Marriott International share prices have moved between a 52-week high of $81.55 and a 52-week low of $56.43 and are now trading 19% above that low price at $66.88 per share. 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 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