Marriott's most recent trend suggests a bullish bias. One trading opportunity on Marriott is a Bull Put Spread using a strike $132.00 short put and a strike $127.00 long put offers a potential 49.25% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $132.00 by expiration. The full premium credit of $1.65 would be kept by the premium seller. The risk of $3.35 would be incurred if the stock dropped below the $127.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Marriott is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Marriott is bullish.
The RSI indicator is at 73.31 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Marriott
JW Marriott Seoul Reopens After Extensive Renovations, Offering Sophisticated Travelers Enriching Experiences In The Korean Capital
Wed, 26 Sep 2018 18:44:00 +0000
JW Marriott Seoul Debuts in Cultural Hub with Elevated Culinary Delights and a Refined New Design SEOUL, Korea , Sept. 26, 2018 /PRNewswire/ — JW Marriott, part of Marriott International, Inc., today …
New owner of Triad hotels explains motives for $25.5 million purchases
Wed, 26 Sep 2018 11:15:00 +0000
The new owner of two Triad hotels told Triad Business Journal why he bought the hotels and why he's bullish on the local hotel market in general. An LLC affiliated with Milestone Cos. of Baltimore bought Home2 Suites and Springhill Suites – both Marriott (NASDAQ: MAR) brands – along Hanes Mall Boulevard in Winston-Salem for a combined $25.5 million last week from LLCs controlled by Dipaben and Rajendra Patel of Greensboro, who sold the Fairfield Inn & Suites on Big Tree Way in Greensboro earlier this year. The hotels are on opposite sides of Marriott Crossing Way, just off Hanes Mall Boulevard.
Marriott International Launches #LoveTravels Beyond Barriers To Provide $500K To Groups And Individuals Advocating For Inclusion, Equality, Peace And Human Rights
Tue, 25 Sep 2018 13:00:00 +0000
BETHESDA, Md., Sept. 25, 2018 /PRNewswire/ — Marriott International announces the creation of Beyond Barriers, the next phase of Marriott's groundbreaking #LoveTravels program. #LoveTravels Beyond Barriers celebrates and supports those who are actively leading unique strategies to promote inclusion, equality, peace and human rights. “As a hospitality company, it is our responsibility – and not one that we take lightly – to provide safe and welcoming spaces for our guests and associates every day to make a positive impact on diverse communities,” said Cherilyn Williams, Director, Global Portfolio Marketing at Marriott International.
Oracle Maintains Strong Customer Wins in Fiscal Q1 2019
Tue, 25 Sep 2018 11:32:39 +0000
Oracle (ORCL) continues to strike deals with large clients. In July, it entered into an agreement with telecommunications operator CenturyLink to combine its Cloud Connect Solutions with Oracle’s FastConnect service to improve subscriber experience. In August, MTO Global selected Oracle’s blockchain cloud service.
Marriott inks new contract with Chicago hotel workers
Fri, 21 Sep 2018 17:43:20 +0000
Marriott hotels in Chicago have a deal with workers, but a walk-out goes on at 19 hotels in Chicago, where workers are seeking year-round medical coverage.
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