Score 8.1 (out of 10): MARRIOTT INTL sets up for +9.7% rally in 1 month

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What’s Going On Here?

MARRIOTT INTERNATIONAL -CL A has triggered a new technical analysis ‘rally reversal’ signal. During similar occasions, MARRIOTT INTERNATIONAL -CL A shares had a median return of +9.7%, over the following 1 month – based on 10 historical occasions with 8 of those showing positive returns (80%). This buy signal for MARRIOTT INTERNATIONAL -CL A received a high score of 8.1 (out of 10). This insight was generated on 2023-March-29 with last price of 162.13.

MARRIOTT INTERNATIONAL -CL A is in the Hotels&Motels business. Based on the last 2 years’ risk/return profile, this asset is seen as Very Risky. Ticker symbol: MAR US.

-3.2% (September-2022), 17% (July-2022), 0.5% (April-2022), 9.6% (December-2021), -3.5% (July-2021), 2.2% (May-2021), 17.2% (February-2021), 23.6% (October-2020), 9.8% (July-2020), 21.8% (April-2020).

We found 1 month to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 177.81 (+9.7%) has been reached. Based on MARRIOTT INTERNATIONAL -CL A’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 155.63 (last price at 162.13), which is equivalent to a -4% decline.

Historical Chart:

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