Marriott's most recent trend suggests a bullish bias. One trading opportunity on Marriott is a Bull Put Spread using a strike $76.50 short put and a strike $71.00 long put offers a potential 7.84% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $76.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $5.10 would be incurred if the stock dropped below the $71.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Marriott
What Worries Shareholders in the Hotel Industry?
Fri, 25 Nov 2016 18:54:06 GMT
Should You Invest in Marriott International Inc (MAR)?
Fri, 25 Nov 2016 14:55:44 GMT
Marriott (MAR) Unveils Large-Scale Expansion Plans in Mexico
Thu, 24 Nov 2016 12:20:12 GMT
Top Research Reports for General Dynamics, DuPont, & Merck
Wed, 23 Nov 2016 19:42:07 GMT
Marriott International Continues Expansion in Latin America with the Signing of Four New Hotels in Mexico
Wed, 23 Nov 2016 15:14:00 GMT
PR Newswire – MEXICO CITY, Nov. 23, 2016 /PRNewswire/ — As part of a visit to Mexico, Arne Sorenson, President and CEO of Marriott International, Inc., today, announced the signing of four hotels in the country. Following an aggressive expansion strategy in one of the region's key markets, Marriott expects to add the new properties to its existing portfolio of 70 hotels. “We are very excited to continue growing our reach in Latin America with brands as diverse as Renaissance, AC Hotels by Marriott, Westin and Aloft,” said Sorenson.
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