• Return to Headlines

After Yesterday's Rally of 1.52% Shares Could Potentially Pullback

By Shiri Gupta

Marriott Intl-A (NYSE:MAR) traded in a range yesterday that spanned from a low of $103.57 to a high of $104.97. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $104.84 on volume of 453,000 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 tracking the current trend status for Marriott Intl-A and will alert subscribers who have MAR in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Marriott Intl-A have traded between a low of $60.87 and a high of $110.51 and are now at $104.84, which is 72% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.4%.

Keywords: rebounders marriott intl-a

Ticker(s): MAR