MARRIOTT INTERNATIONAL
MARRIOTT INTERNATIONAL
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: MAR
ISIN:

MARRIOTT INTERNATIONAL - Daily - Technical analysis published on 07/11/2020 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Bearish
De fond: Strongly bearish
Technical indicators
50%
11%
39%
My opinion
Bearish under 94.80 USD
My targets
84.83 USD (-4.16%)
73.27 USD (-17.22%)
My analysis
The bearish basic trend is very strong on MARRIOTT INTERNATIONAL but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 94.80 USD. Crossing the first support at 84.83 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 73.27 USD as an objective. Crossing it would then enable sellers to target 59.08 USD. Caution, a return to above the resistance located at 94.80 USD would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
4.1

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

MARRIOTT INTERNATIONAL rating 88.51 USD. On the day, this instrument gained +2.62% and was traded between 85.50 USD and 88.61 USD over the period. The price is currently at +3.52% from its lowest and -0.11% from its highest.

85.50
88.61
88.51

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


A technical analysis in Daily of this MARRIOTT INTERNATIONAL chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily



The probability of a further increase is slight given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 59.08 73.27 84.83 88.51 100.99 117.67 133.54
Change (%) -33.25% -17.22% -4.16% - +14.10% +32.95% +50.88%
Change -29.43 -15.24 -3.68 - +12.48 +29.16 +45.03
Level Major Major Major - Major Major Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard80.4683.2384.7487.5189.0291.7993.30
Camarilla85.0785.4785.8686.2586.6487.0487.43
Woodie79.8382.9284.1187.2088.3991.4892.67
Fibonacci83.2384.8785.8887.5189.1590.1691.79


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard71.6375.9581.8786.1992.1196.43102.35
Camarilla84.9885.9286.8687.8088.7489.6890.62
Woodie72.4476.3582.6886.5992.9296.83103.16
Fibonacci75.9579.8682.2886.1990.1092.5296.43


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard33.0456.6571.1994.80109.34132.95147.49
Camarilla75.2478.7482.2385.7389.2392.7296.22
Woodie28.5154.3866.6692.53104.81130.68142.96
Fibonacci56.6571.2280.2394.80109.37118.38132.95

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 48.63
MACD (12,26,9): -1.2800
Directional Movement: 0
AROON (14): -42.86
DEMA (21): 87.53
Parabolic SAR (0,02-0,02-0,2): 80.46
Elder Ray (13): -1.25
Super Trend (3,10): 97.59
Zig ZAG (10): 88.51
VORTEX (21): 0.8300
Stochastique (14,3,5): 62.18
TEMA (21): 86.10
Williams %R (14): -26.54
Chande Momentum Oscillator (20): -2.11
Repulse (5,40,3): 1.7200
ROCnROLL: -1
TRIX (15,9): -0.2200
Courbe Coppock: 7.88
MA7: 88.06
MA20: 88.51
MA50: 90.25
MA100: 91.43
MAexp7: 87.88
MAexp20: 89.06
MAexp50: 90.68
MAexp100: 96.74
Price / MA7: +0.51%
Price / MA20: -0%
Price / MA50: -1.93%
Price / MA100: -3.19%
Price / MAexp7: +0.72%
Price / MAexp20: -0.62%
Price / MAexp50: -2.39%
Price / MAexp100: -8.51%

Quotes : 2020-07-10 19:59:59 - 15 min delayed data - NASDAQ Stocks

News


The latest news and videos published on MARRIOTT INTERNATIONAL at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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