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Downtrend ResistanceArchive - 4/26/2024 - Sign In to see current Signals. |
Marriott Int'l. (MAR) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the Marriott Int'l. (MAR). During the week, the MAR gained 4.84 points, or 2.05%, and closed at 240.84 on Friday, April 26, 2024. Weekly volume was -18% below 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 (107.58) 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 (197.11) 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. The weekly MACD line is below its signal line since April 12, 2024. 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 (258.03) is broken. A broken support is considered to be a long-term bearish signal. 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 technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish 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. The daily MACD line is below its signal line since April 11, 2024. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. 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.
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