Marriott's most recent trend suggests a bearish bias. One trading opportunity on Marriott is a Bear Call Spread using a strike $182.50 short call and a strike $187.50 long call offers a potential 51.52% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $182.50 by expiration. The full premium credit of $1.70 would be kept by the premium seller. The risk of $3.30 would be incurred if the stock rose above the $187.50 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 47.65 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Marriott
11 Companies in Focus After Releasing Their Earnings Reports
Thu, 05 May 2022 19:04:24 +0000
In this article, we will take a look at the 11 companies in focus after releasing their earnings reports. You can skip our detailed analysis of these companies and go directly to the 5 Companies in Focus After Releasing Their Earnings Reports. Notable consumer cyclical stocks, including Booking Holdings Inc. (NASDAQ:BKNG), Etsy, Inc. (NASDAQ:ETSY) and […]
Why Booking Holdings Is Up More Than 4% Thursday
Thu, 05 May 2022 16:40:00 +0000
It certainly feels like consumers are ready to travel again, though it's still difficult to gauge their commitment to these plans.
First look: Arizona's Sheraton Grand completes $70M renovation
Thu, 05 May 2022 14:55:00 +0000
The Sheraton Grand at Wild Horse Pass recently wrapped up a multimillion-dollar renovation and has continued to be recognized as one of the top hospitality properties in the state. Click through to see inside the renovated hotel.
Marriott reports sharp increase in earnings as leisure travel gains speed
Thu, 05 May 2022 11:09:44 +0000
The Bethesda company continued to face some headwinds from Covid-19, which depressed travel early in the quarter.
Why Marriott International Stock Blasted Higher Today
Wed, 04 May 2022 22:55:53 +0000
The continuing recovery of the tourism sector powers the company's revenue and profitability past expectations.
Related Posts
Also on Market Tamer…
Follow Us on Facebook