Marriott International Inc. (MAR) shares declined in their latest intraday trading, as the stock continued to move sideways in the short term, fluctuating around its 50-day simple moving average. The decline came after the price faced strong resistance at the key 276.00$ level, coinciding with negative signals appearing on the relative strength indicators after reaching overbought zones.

Therefore, we expect the stock to decline in upcoming trading sessions as long as it remains below the 276.00$ resistance level, targeting the key support area at 253.60$.

Todays stock forecast: Bearish.