MARRIOTT INTERNATIONAL - Daily - Technical analysis published on 04/01/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 73.27 USD
My targets
63.81 USD (-9.01%)
51.99 USD (-25.87%)
My analysis
The bearish trend is currently very strong for MARRIOTT INTERNATIONAL. As long as the price remains below the resistance at 73.27 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 63.81 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 51.99 USD as an objective. Crossing it would then enable sellers to target 51.87 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
7.1
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MARRIOTT INTERNATIONAL price is 70.13 USD. The price is lower by -6.26% since the last closing with the lowest point at 68.02 USD and the highest point at 71.41 USD. The deviation from the price is +3.10% for the low point and -1.79% for the high point.68.02
71.41
70.13
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this MARRIOTT INTERNATIONAL chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, only 9 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12.51 | 51.87 | 63.81 | 70.13 | 73.27 | 84.83 | 100.99 |
| Change (%) | -82.16% | -26.04% | -9.01% | - | +4.48% | +20.96% | +44.00% |
| Change | -57.62 | -18.26 | -6.32 | - | +3.14 | +14.70 | +30.86 |
| Level | Minor | Major | Intermediate | - | Major | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 68.42 | 71.47 | 73.14 | 76.19 | 77.86 | 80.91 | 82.58 |
| Camarilla | 73.51 | 73.95 | 74.38 | 74.81 | 75.24 | 75.68 | 76.11 |
| Woodie | 67.73 | 71.13 | 72.45 | 75.85 | 77.17 | 80.57 | 81.89 |
| Fibonacci | 71.47 | 73.27 | 74.39 | 76.19 | 77.99 | 79.11 | 80.91 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 36.70 | 51.99 | 65.42 | 80.71 | 94.14 | 109.43 | 122.87 |
| Camarilla | 70.95 | 73.58 | 76.22 | 78.85 | 81.48 | 84.12 | 86.75 |
| Woodie | 35.77 | 51.52 | 64.49 | 80.25 | 93.21 | 108.97 | 121.93 |
| Fibonacci | 51.99 | 62.96 | 69.74 | 80.71 | 91.68 | 98.46 | 109.43 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -37.51 | 4.53 | 39.67 | 81.70 | 116.85 | 158.88 | 194.02 |
| Camarilla | 53.59 | 60.66 | 67.74 | 74.81 | 81.89 | 88.96 | 96.03 |
| Woodie | -40.96 | 2.80 | 36.22 | 79.98 | 113.40 | 157.16 | 190.58 |
| Fibonacci | 4.53 | 34.01 | 52.22 | 81.70 | 111.19 | 129.40 | 158.88 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 32.12 | |
| MACD (12,26,9): | -12.8500 | |
| Directional Movement: | -17.28 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 69.39 | |
| Parabolic SAR (0,02-0,02-0,2): | 60.49 | |
| Elder Ray (13): | -10.80 | |
| Super Trend (3,10): | 93.54 | |
| Zig ZAG (10): | 70.73 | |
| VORTEX (21): | 0.7300 | |
| Stochastique (14,3,5): | 48.50 | |
| TEMA (21): | 67.02 | |
| Williams %R (14): | -55.90 | |
| Chande Momentum Oscillator (20): | -15.98 | |
| Repulse (5,40,3): | -3.9600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.8700 | |
| Courbe Coppock: | 45.63 |
| MA7: | 78.23 | |
| MA20: | 85.46 | |
| MA50: | 117.36 | |
| MA100: | 130.27 | |
| MAexp7: | 76.16 | |
| MAexp20: | 87.13 | |
| MAexp50: | 107.76 | |
| MAexp100: | 120.24 | |
| Price / MA7: | -10.35% | |
| Price / MA20: | -17.94% | |
| Price / MA50: | -40.24% | |
| Price / MA100: | -46.17% | |
| Price / MAexp7: | -7.92% | |
| Price / MAexp20: | -19.51% | |
| Price / MAexp50: | -34.92% | |
| Price / MAexp100: | -41.67% |
News
The last news published on MARRIOTT INTERNATIONAL at the time of the generation of this analysis was as follows:
- Marriott International Provides Business Update Amidst The Rapidly Evolving Coronavirus Situation
- SpringHill Suites by Marriott Partners With Society6 To Showcase Regionally Inspired Gallery Wall Art Collections In Over 450 Hotels
- Tribute Portfolio Continues To Grow Its Global Family Of Characterful Hotels With First Outpost In Frankfurt, Germany
- Marriott International Reports Fourth Quarter 2019 Results
- JW Marriott Orlando Bonnet Creek Resort & Spa Set To Debut In March 2020
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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