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After Yesterday's Rally of 1.11% Shares Could Potentially Pullback

By Amy Schwartz

Marriott Intl-A (NYSE:MAR) traded in a range yesterday that spanned from a low of $105.73 to a high of $107.63. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $105.19 on volume of 1.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

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

In the past 52 weeks, Marriott Intl-A share prices have been bracketed by a low of $60.87 and a high of $110.51 and are now at $106.23, 75% 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%.

Keywords: rebounders marriott intl-a

Ticker(s): MAR