Technical Analysis: Based on the technical indicators, MAR shows a neutral to slightly bullish momentum. The RSI at 58.13 indicates moderate strength without being overbought. The MACD at -0.03 suggests a potential consolidation phase. The stock is currently trading around its 20-day moving average of $277.88 and 60-day moving average of $279.68, indicating a sideways trend in the medium term.
Fibonacci Analysis: The Fibonacci levels show key support and resistance zones:
News Sentiment: Recent news has been positive for MAR:
Price Prediction for Next Week: Based on technical analysis and news sentiment:
Trading Recommendation: BUY Entry point: Current market price (~$284.25) Target: $288.40 Stop loss: $277.97
The positive AI adoption news, strong fundamental rating, and technical setup suggest potential upside movement. The stock is showing resilience at current levels with multiple support zones below, providing favorable risk-reward for a long position.
The price of MAR is predicted to go up 10.44%, based on the high correlation periods with TTEK. The similarity of these two price pattern on the periods is 94.62%.
MAR
TTEK
Marriott is positioned to benefit from the its expanding presence geographically and across price points, with its recent brand launches, Spark (midscale) and StudioRes (extended-stay).
Marriott stands to benefit from remote work flexibility driving higher long-term travel demand. Our constructive stance is formed by higher income occupations being the most likely industries to continue to work from remote locations.
Marriott has a high exposure to recurring managed and franchised fees, which have high switching costs and generate strong ROICs.
Barclays
Price Target
$249 → $286
Upside
-0.38%
JP Morgan
Price Target
$251 → $269
Upside
-6.3%
Goldman Sachs
Price Target
$280 → $314
Upside
+9.15%