The Greedy Trader Weekly Analysis
Sign In Apr 26, 2024
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 4/19/2024 -
Sign In to see current Signals.

Marriott Int'l. (MAR) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Stochastic signal line moved below overbought areaWeekly  MACD line has moved below its signal lineBroken trend resistance lineBroken trend resistance line
Daily :The price has fallen below the Parabolic SARWilliams' Percentage Range oversoldLane's Stochastic is strongly oversoldPrice has crossed below the 50 Day Moving AverageBroken trend support line
Move cursor over the icon to see details.

It was the negative week for the Marriott Int'l. (MAR). During the week, the MAR dropped -15.06 points, or -6.00%, and closed at 236.00 on Friday, April 19, 2024. Weekly volume was 8% above average.

Long-term trend: [See MAR long-term trend chart]
A long-term uptrend had started on November 21, 2008 at 11.88 and reached 260.57 on April 11, 2024. MAR gained -248.69 points, or -2093.35%, in 802 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (107.45) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See MAR medium-term trend chart]
A medium-term uptrend had started on March 18, 2020 at 46.56 and reached 260.57 on April 11, 2024. MAR gained -214.01 points, or -459.64%, in 212 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (196.38) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See MAR weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.

Short-term trend: [See MAR short-term trend chart]
A short-term uptrend had started on November 2, 2023 at 180.75 and reached 260.57 on April 11, 2024. MAR gained -79.82 points, or -44.16%, in 161 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (255.35) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. MAR may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.

Daily Technical Indicators: [See MAR daily technical indicators chart]
Daily Williams' Percentage Range is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Williams' Percentage Range or strongly oversold daily Lane's Stochastic. Use the following link to access Williams' Percentage Range help.

The daily MACD line is below its signal line since April 11, 2024. The distance between MACD and the signal line is near its high and getting bigger.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 31.54
Williams' Percentage Range (W%R) 89.10
Oversold
Lane's Stochastic (%D-Slow) 5.58
Strong Oversold
Greed/Fear Indicator (GFI) 16.00
Oversold
Moving Average Converg./Diverg. (MACD) 0.04
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.71
Williams' Percentage Range (W%R) 38.90
Lane's Stochastic (%D-Slow) 73.17
Greed/Fear Indicator (GFI) 61.20
Moving Average Converg./Diverg. (MACD) 13.81
Trading Signals
Description Value Chart
Weekly Trendline Resistance 266.01
Upper Bollinger Band 259.86
Parabolic System 256.56
Weekly Trendline Support 255.35
Weekly Stochastic Crossing 252.64
20 Day Moving Average 249.81
50 Day Moving Average 248.36
Monthly Trendline Resistance 242.36
Price 236.00
Daily Stochastic Crossing 235.59
Lower Bollinger Band 235.29
Quarterly Trendline Resistance 228.94
Monthly Trendline Support 207.31
Yearly Trendline Resistance 204.65
Quarterly Trendline Support 196.38
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 6
Industry Hotels, Resorts & Cruise Lines 66
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 260.57
High Date 04/11/2024
Low 234.55
Low Date 04/19/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 266.01
Support 255.35
Low 180.75
Low Date 11/02/2023
High 260.57
High Date 04/11/2024
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 242.36
Support 207.31
Low 131.01
Low Date 06/23/2022
High 260.57
High Date 04/11/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 228.94
Support 196.38
Low 46.56
Low Date 03/18/2020
High 260.57
High Date 04/11/2024
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 204.65
Support 107.45
Low 11.88
Low Date 11/21/2008
High 260.57
High Date 04/11/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.