Marriott Internationals stock price (MAR) slipped lower in latest intraday trading, as the stock takes profits from recent gains and attempts to vent off its apparent overbought saturation on the Stochastic, especially with negative signals starting to emerge. With this decline, the stock has broken below the 50-day SMA, exposing it to some short-term downside pressure. However, the overall trend remains a short-term upward correctional wave, with the price still trading alongside a rising trend line.

Therefore we expect the stock to rise in upcoming trading, provided the support level of $269.30 holds on, targeting the resistance level of $291.50.

Todays price forecast: Bullish