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Marriott Intl-A Set to Possibly Pullback After Yesterday's Rally of 7.55%

By James Quinn

Marriott Intl-A (NASDAQ:MAR) traded in a range yesterday that spanned from a low of $86.57 to a high of $91.59. Yesterday, the shares gained 7.6%, which took the trading range above the 3-day high of $84.00 on volume of 3.9 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.

Over the past year, Marriott Intl-A has traded in a range of $46.56 to $153.39 and is now at $94.25, 102% above that low. The 200-day and 50-day moving averages have moved 0.61% lower and 3.22% lower over the past week, respectively.

Keywords: rebounders marriott intl-a

Ticker(s): MAR