Marriott International (MAR) stock declined in its latest intraday trading, after hitting resistance at its previous 50-day SMA. The bearish pressure was further intensified by testing a minor short-term downward trend line, causing the stock to give in to these negative signals, especially with bearish momentum continuing to appear in the Stochastic indicators.

Therefore, we expect the stock to decline in its upcoming trading, as long as the resistance level of 269.30 holds, to then target the key support level of 253.55.

Todays price forecast: Bearish.