MAR Powers to $314.41 on Strong EMA Stack
BullishMarriott International Inc (MAR) closed down 0.38% at $314.41 on December 29.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($311.14) with a bullish stack. The 21-day EMA at $304.15 provides support.
Momentum
RSI at 67.0 is in neutral territory. MACD is bullish (7.19 vs signal 6.49).
Volatility
Bollinger Band width at 12.9% indicates normal volatility.
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
Key levels to watch: Support at $284.03, Resistance at $323.14.