Marriott International (MAR) stock price recorded a decline in its latest intraday trading, as the price attempts to gain positive momentum that could help it recover and move higher again. At the same time, the stock is trying to ease part of its clear overbought conditions on the Stochastic indicator, especially with the emergence of negative signals, while the main bullish trend remains dominant over both the medium and short term, supported by movement alongside major and minor upward trendlines.
Therefore we expect the stock price to rise during its upcoming trading sessions, as long as support at $333.95 remains intact, targeting the resistance level at $370.00.
Todays price forecast: Bullish