MARRIOTT INTERNATIONAL -CL A (MAR) Technical Analysis
NASDAQ:MAR • US5719032022
We assign a technical rating of 7 out of 10 to MAR. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month MAR has a been trading in the 316.12 - 370.00 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that MAR is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, MAR also shows a nice and consistent pattern of rising prices.
- MAR is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 87% of 125 stocks in the same industry.
- MAR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MAR is performing more or less in line with the market.
- MAR has an average volume of 1615900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Although MAR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
211.53
6 important support areas can be observed.
- A support zone ranging from 323.79 to 323.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @310.24 from a horizontal line in the daily time frame.
- Support @268.90 from a trend line in the daily time frame.
- Strong support @259.81 from a horizontal line in the daily time frame.
- Support @254.99 from a horizontal line in the weekly time frame.
- Support @213.67 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @359.95 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MAR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MAR is down. |
| ChartMill Relative Strength | 79.4 | POSITIVE | MAR has a high relative strength, it outperformed 79.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MAR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MAR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MAR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.5 | NEUTRAL | The RSI value for MAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.57 | NEGATIVE | The MACD value suggests MAR has a negative trend. |
| Stochastics (14,3) | 26.08 | NEUTRAL | The Stochastics value for MAR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for MAR suggests some volalility. |
| Average Directional Index/ADX (14) | 26.15 | POSITIVE | The high ADX value value for MAR suggests a strong trend. |
MAR Technicals: Chart, Performance Metrics, Trend & Indicators
323.8
-9.24 (-2.77%)
MARRIOTT INTERNATIONAL -CL A / MAR FAQ
What is the ChartMill technical rating of MARRIOTT INTERNATIONAL -CL A (MAR) stock?
ChartMill assigns a technical rating of 7 / 10 to MAR.
What is the current trend direction of MARRIOTT INTERNATIONAL -CL A (MAR) stock?
The current trend direction for MARRIOTT INTERNATIONAL -CL A (MAR) is Bullish.
What is the RSI signal for MAR stock?
MARRIOTT INTERNATIONAL -CL A (MAR) has an RSI value of 40.4958. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for MARRIOTT INTERNATIONAL -CL A?
The buy/sell signal for MARRIOTT INTERNATIONAL -CL A (MAR) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for MARRIOTT INTERNATIONAL -CL A (MAR) stock?
MARRIOTT INTERNATIONAL -CL A (MAR) has a support level at 323.79 and a resistance level at 359.95. Check the full technical report for our detailed analysis of MAR support and resistance levels.