$MAR - Retesting the uptrend lineNASDAQ:MAR : Marriott is retesting the trendline that started back in October 2019. Many charts in the market display a similar retest of the long-term uptrend line.
MAR trade ideas
A big picture analysis of stock trends within a sectorThis kind of analysis helps in picking right stocks like the big boys do.
The chart above showcases the normalized EMA lines of all stocks within the Consumer Services sector. By utilizing EMA(moving averages) lines instead of stock prices, we can observe a smoother and clearer representation of price movements across various stocks.
On the left side of the chart, the upper half displays the price chart of Marriott International (MAR), while the bottom half illustrates a custom candlestick chart composed of approximately 25 stocks within the Consumer Services sector. This sector chart reveals a striking similarity to MAR's price movement, despite MAR's relatively small 6% weightage in the sector calculation.
A closer examination of the EMA lines on the right side of the chart reveals that most stocks within the sector have exhibited similar price movement, underscoring the high correlation among these stocks. This phenomenon of similar price movement suggests that stocks within a sector tend to move in tandem, offering valuable insights for sector-based trading strategies.
Few EMA lines(stocks) are flat or went down and most other stocks went up in line with the sector. Investors who invested in those uptrending stocks will take profits while the ones who invested in those non performing stocks would lose out on the profitable opportunity that created by sector up movement.
Stay tuned for my next update, where I'll reveal how to use performance lines beside sector chart to uncover top-performing stocks within the sector that outshine their average-returning peers.
What's your take on this sector-wide correlation? Share your thoughts in the comments below!
MARRIOTT INTERNATIONAL MAR (NASDAQ) Long H4Buy Limit @ 228.24
S/L @ 221.98
T/P1 @ 247.12
T/P2 @ -------
R.R.R. @ 1/3
Pure Price Action Trading based on Pullback of Key Level.
Crusin for a Brusing ?Every WS firm is positive ( also big recent bond underwriters) and the group is up 35-50% in short run....WGO just warned going forward.... MAR weakening, and these are early canaries in the mine signals....disposable CC debt up at highs, Theme parks under pressure, and COVID has returned (people getting sick /post taking a cruise) -Which are very expensive and becoming crowded frivolous expenditures....especially with families.....so yields are weakening.... Thinking if mkts pause a bit, these could be ripe for profit taking, pull backs. (short) Warning: Short Interest is high in the group- vol too
MAR Squeeze 3/3/23Bull case:
- Holding the YTD AVWAP
- RSI divergence cleared up some overbought conditions (4hr chart)
- Good earnings and guidance
- Consumer is still spending like a maniac (credit cards)
- Seasonality is favorable
Bear case:
- No reopening in China
- High likelihood of higher rates (macro)
If last year's action is any indicator, some downside is not unexpected. Personally, this is a certified BTFD candidate.
Let me know what y'all think!
Marriott International Share Price Prediction {25/june/2024}Educational Analysis says Marriott International may move in this range for some time according to my technical.
Broker -
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why this range?
Because the 15-minute time frame has made Change of Character show signs of weakness of the bear run, maybe long for the premium level in the 4-hour time frame, plus 1 min time frame has turned bullish also has Change of Character look on
Let's see what this pair brings to the table in the future for us.
Please check the Comment section on how it turned out for this trade.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
MAR; Buy ideaBuy idea on MAR as you see on the chart because we have the breakout of vwap with force by a big green candle follow by a large green volume! Thankls!
MAR Continuation of Long Term UptrendMAR looking for continuation of the uptrend after tagging the weekly trigger.
Stage 1 of this trade is looking for a break of daily trigger and attempt at PT1 ($244: Yearly R1, Quarterly breakdown) within the next 1-2 weeks. Using monthly EXP (6/14).
Stage 2std would be a break and successful retest of daily (around $240). Probably wont roll contracts, instead doing a calendar spread and move up stops on 6/14s
Stage 2alt is a break above PT1 and a retest. Possible to happen within 10 sessions, will exit and roll EXP if it takes longer than ~10 sessions and structure is still valid
Stage 3 is a move higher from 244, looking to target 254. Will cover entire original if we get Stage 2std and look to PT3 ($260-$262) with longer dated contracts. If Stage 2alt, will cover half at PT2 and fully exit PT3
Stops are under $231 (around -3% spot)
Bullish:
- Consolidation at the yearly breakout level ($234) and above quarterly S1
- Holding weekly trigger (long term uptrend)
- Rounded bottom formation possible
- Holding earnings VWAP
Bearish:
- Under daily trigger (short term bearish trend)
- Bear flag on weekly chart
- Broke below and rejected quarterly breakdown (pre-earnings)
Intraday, Swing trade setup in Marriott International (MAR)NASDAQ:MAR
Entry: $238.47
Target: $244.50
Stop-loss according to your risk appetite. Not more than 1:1.
Indicators also showing a bullish trend.
Marriott International (Nasdaq: MAR) Looks StrongMarriott International (Nasdaq: MAR) Looks Strong
In today's market landscape, identifying lucrative trading opportunities requires a keen eye for detail and a systematic approach. That's why I'm excited to share with you a prime opportunity offered by Marriott International (Nasdaq: MAR).
Marriott International stands tall as the second largest hotel company globally, boasting an extensive portfolio of properties across the globe.
Despite the challenges posed by the pandemic, Marriott has maintained a robust upward trajectory, continually enhancing key performance metrics like average daily rate, revenue per available room, and occupancy rate.
At the heart of our trading strategy lies Speciale Analysis, a meticulously crafted framework designed to pinpoint winning trades with precision and confidence.
Let's break down why Marriott International ticks all the boxes in our approach:
1. MAR isn't just any stock; it's a Nasdaq 100 constituent, currently holding the 48th spot in the index with a market cap of $73.87 billion. Its significant presence in the market sets the stage for potential lucrative returns.
2. Marriott's financials speak volumes. With revenues skyrocketing from $10.57 billion in 2020 to a staggering $23.71 billion in 2023, the company has doubled its earnings over just three years, surpassing our Sigma 180 benchmark of 15% growth within the same timeframe.
3. Our fundamental and technical approach acts as a crucial combination of indicators, signaling opportune moments for trading consideration. When a stock like MAR dips like it has - ultimately placing a higher low, it suggests that selling pressure is likely nearing exhaustion, paving the way for a promising buying opportunity.
With all assessments pointing skyward, it's now your turn to decide Marriott International could be your next profitable trade setup.
In the ever-evolving world of trading, having the right tools and insights at your disposal can make all the difference . . .
Happy Trading,
Speciale Analysis
A Simple Guide to $MAR Potential GrowthDive into the world of NASDAQ:MAR (Marriott International, Inc.) as we explore why it might be gearing up for a bullish ride. We'll break down the basics in a way that's easy to understand, helping you see why it could soar past its previous highest value.
Understanding the Buying Range:
Think of NASDAQ:MAR 's buying range like a green light zone, stretching from $201.44 to $229.80. While it might not hit these exact numbers, it's like a signal saying, "Hey, this could be a good time to get in!" Keep an eye on this range—it's where the action could happen.
Checking the Technical Signals:
Imagine NASDAQ:MAR as a surfer catching a big wave. Technical indicators are like the surfer's radar, helping them spot the best waves to ride. Right now, these indicators are pointing towards a potential bullish wave for $MAR. That means it could be gearing up for a big move upwards.
Looking at the Big Picture:
Picture NASDAQ:MAR 's journey like a hike up a mountain. Right now, we're at a point where we can see past highs in the distance. With the signs pointing towards growth, it's like having a clear path ahead. Each step forward brings us closer to reaching those previous highs and maybe even surpassing them.
Wrap-Up:
So, what does all this mean? Essentially, NASDAQ:MAR is showing signs that it could be on the brink of some exciting growth. Keep an eye on it as it continues its journey—it might just surprise us all by reaching new heights.
Marriott MAR - A Strong trend, backed by strong fundamentals
Technicals:
Marriott is showing promising signs, with a pivot point set at 238. As long as it holds above this mark, I'm leaning towards a bullish outlook, anticipating further gains. However, if it slips below $238, we might see support levels at $231 and $227, so it's worth keeping an eye on those.
Checking the indicators, the RSI is above 70, meaning either a strong up-trend or an overbought territory, but with the MACD positive and above its signal line, and MAR comfortably above its 20 and 50-day moving averages, things are looking pretty positive overall. Keep an eye on potential corrections, but for now, it seems like smooth sailing ahead.
Fundamentals
Marriott reported strong third-quarter results, exceeding expectations with worldwide Revenue Per Available Room (RevPAR) growing 9% above guidance, driven by gains in Asia Pacific. Total company gross fee revenues reached $1.2 billion, up 13% from the previous year. International Managed Fees (IMFs) rose significantly, while non-RevPAR related franchise fees increased 8%, boosted by robust co-brand credit card performance.
Adjusted EBITDA increased by 16%, and diluted adjusted EPS grew 25% year-over-year to $2.11. The company remains committed to its asset-light model, generating substantial cash and returning $3.4 billion to shareholders in the first nine months of the year through dividends and share repurchases.
Marriott Q3 2023 Earnings Call Summary: Key Points and Future Outlook:
RevPAR growth is expected to be 6% to 7.5% in Q4 and 14% to 15% for the full year.
Total gross fee revenues are expected to rise 17% to 18%.
Adjusted EBITDA growth is expected to be 19% to 20%.
Adjusted EPS growth is expected to be 27% to 28%.
Shareholder returns are expected to be $4.3 billion to $4.5 billion.
Segment Performance:
Leisure transient demand strong, up 7% in room nights globally.
Business transient growth slow but steady, with revenues rising 4% in US and Canada.
Group business rebounded remarkably, with US and Canada group revenues pacing up 19% for the full year.
International:
Cross-border travel strengthened, driving RevPAR growth.
Asia Pacific saw the most significant increase in international visitors.
International airlift to China expected to improve, further boosting Asia Pacific.
Marriott Bonvoy Loyalty Program:
Membership reached 192 million.
Mobile app adoption growing, with downloads up 19% year-over-year.
MGM strategic licensing agreement to launch in early 2024.
Development:
Pipeline reached a record high of nearly 557,000 rooms.
Strong interest in mid-scale brands like City Express, Four Points Express, and StudioRes.
My take:
Marriott presents a compelling case for bullish sentiment, supported by its robust third-quarter performance, positive technical indicators, and optimistic outlook for key financial metrics in 2023. While mindful of potential market fluctuations, the current landscape suggests favorable conditions for Marriott's continued growth trajectory, making it an intriguing prospect for investors seeking exposure to the hospitality sector's recovery and long-term value creation.
MAR - Short IdeaThis is more on the riskier side. So we need to adjust our risk tolerance accordingly. Based on the levels on daily, weekly, and 4h, I believe Marriott has the potential to go for a dive low to find support before it goes higher.
For now its holding the top, but if and when the sellers take over, it could be a quick ride down. As you probably have seen from my other ideas, I like to jump on trades before most do, and i take profit at areas where others might consider as "confirmation".
The truth about too many confirmations is that it kills your profits. you dont want to do what everybody else does. Or you'll be in the 95% of losing traders.
This trade could be a hit or miss. If its a hit, I gain 3x my risk. And if its a loss, well its part of the game and it wont hurt me. Dont focus on what you'll make from a trade, focus on how much the opportunity costs you.
I will get on this on a debit spread to keep my risk as low as possible, end of December expiry. Limit order for better price. Hope that helps. #options
MAR Short idea - Inverse Cup And HandleMAR just formed a beautiful inverted Cup and Handle pattern.
Once 190 breaks, a deep volume shelf break, free fall upto 175, which is the next volume shelf
Downside Target 175.
MAR long update 4/13/23This is a double down post.
Squirmy while trying to bottom on the RSI.
Buy signal today - if you're being conservative - according to this short backtest.
Last MAR post was a riskier/predictive entry.
5 Year High with VolumeThis is a list of stock that have reached a 5 year high and have a good amount of voume.
MAR order block rejectionWe can see the early start of what looks like a rejection forming today in MAR. With strong performance leading up to a key order block (OB) level. We see a candle with a long, upward tail, indicating that some selling has occurred. Investorplace has been recommending selling stocks like MAR at or near the 52 week highs. As time goes on, other stocks may show similar rejection patterns. Should prices continue to reject these levels, it could reveal part of a picture for slowdown in the overall markets.
Short selling can be risky. It is widely-recommended to have a plan for managing risks (stops, targets, trade management) prior to entering a trade. This pattern alert is for education or entertainment purposes only. It does not constitute financial advice.
Ascending TriangleATH 195.90. (ATH = All time high)
All Triangles are neutral until broken.
Top line is linear and bottom line slopes up.
Earnings 8-3-23/estimated.
Analysts appear positive on earnings.
No recommendation.
52 Week Range
131.01
183.33
Day Range
173.77
178.84
EPS (FWD)
8.36
PE (FWD)
21.70
Div Rate (TTM)
$1.62
Yield (TTM)
0.89%
Short Interest
2.43%
Market Cap
$55.05B
Volume
3,525,794
$MAR - Will it break out this time?NASDAQ:MAR #MAR Its hard to see we are in bad economy when a hotel chain's stock is close to all time high and forming cup & handle ☕️. Break out could see $220. Break down could see $160. 🫢
#MAR is half way there#MAR has broken out of its correction and is half way to its destination and possibly further.
Look for small buy setups along the way and don't forget to take your profits at your planned targets.
MAR-BULLISH SCENARIOMarriott International, Inc. is based in Bethesda, Maryland, USA, and encompasses a portfolio of nearly 8,300 properties under 30 leading brands spanning 138 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world.
Marriott has been gaining from pent-up leisure demand, reopening international borders, and lenient travel restrictions. Throughout the fourth quarter of 2022, the company witnessed a steady increase in demand in the United States, Canada, the Middle East, and Africa regions. The company benefited from robust leisure demand and business and cross-border travel improvements.
The long-term uptrend is more likely to continue, with a next price target of $ 180- $ 195 resistance level
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MAR longTesting a strat, got some backtest info on here.
RSI gets into ~50 range and we hold 150, Im gonna look to swing late april/earnings exp calls. slightly OTM, will roll down strike if we dip after a buy.
Fundementals are the same as my other long
MAR Breakout$MAR consolidating after a big run up. Watching for a retest of the channel/previous supply zone.
