Marriott's most recent trend suggests a bearish bias. One trading opportunity on Marriott is a Bear Call Spread using a strike $50.00 short call and a strike $60.00 long call offers a potential 7.53% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $50.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $9.30 would be incurred if the stock rose above the $60.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Marriott is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Marriott is bearish.
The RSI indicator is at 52.13 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Marriott
Enjoy Exclusive Use of The Ritz-Carlton, Lake Tahoe With New Group Offering
Thu, 30 Jan 2014 19:45:12 GMT
Marketwired – A luxurious mountain resort, The Ritz-Carlton, Lake Tahoe offers a breathtaking setting for corporate retreats, conferences, weddings and celebrations. With the introduction of its Group Buy-Out Option, …
Unleash Your Passion for Cooking — 2014 Salt Cooking School at The Ritz-Carlton, Amelia Island
Thu, 30 Jan 2014 19:45:10 GMT
Marketwired – Head for The Ritz-Carlton, Amelia Island to ignite your passion for cooking while attending a 2014 Cooking Class led by Salt Chef de Cuisine Rick Laughlin. Chef Rick invites guests to unlock the secrets …
Marriott Sells Interests in Renaissance Barcelona Hotel for euro 78 Million
Thu, 30 Jan 2014 15:33:06 GMT
noodls – BETHESDA, Md., Jan. 30, 2014 /PRNewswire/ — Marriott International, Inc. (NASDAQ: MAR) today announced that it has sold its leasehold interests in the Renaissance Barcelona Hotel to an affiliate of the …
Early Glance: Leisure companies
Thu, 30 Jan 2014 15:27:22 GMT
Early Glance: Leisure companies
Thu, 30 Jan 2014 15:27:22 GMT
AP – Shares of some top leisure companies are up at 10 a.m.: Carnival rose $.23 or .6 percent, to $39.77. Las Vegas Sands Corp. rose $1.10 or 1.5 percent, to $75.03. MGM Resorts International rose $.53 or 2.3 …
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