Breaking News

Tweet TWEET

Technical Briefing on Ctrip.com Intl., Starwood Hotels & Resorts Worldwide, Marriott Intl., and Orient-Express Hotels

 Technical Briefing on Ctrip.com Intl., Starwood Hotels & Resorts Worldwide,                   Marriott Intl., and Orient-Express Hotels  PR Newswire  LONDON, April 12, 2013  LONDON, April 12, 2013 /PRNewswire/ --  Major indices showed good gains as The Dow Jones ended its latest session at 14,865.14, up 0.42 percent. Markets were upbeat following encouraging earnings reports and lower unemployment benefit numbers.The services sector also followed market trend and remained strong. Companies like Marriott International Inc (NYSE: MAR) and Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) created their new 52-week high during Thursday's trading session. However, Ctrip.com International Ltd. (NASDAQ: CTRP) and Orient-Express Hotels Ltd. (NYSE: OEH) showed marginal decline. StockCall has posted free technical research reports on CTRP, HOT, CTRP, and OEH and these can be accessed by signing up at  http://www.stockcall.com/analysis  Ctrip.com International Ltd. trimmed its 52 weeks gains to 3.28 percent by closing its previous trading session 0.41 percent lower. The stock closed at $22.02, with trading volume of 1.75 million shares on Thursday. It is down 0.05 percent on a YTD basis. Ctrip.com is currently in a neutral mode and is expected to go up to $22.52 in the coming trading sessions. Its next resistance level is at $23.11. On the downside, it is expected to face its first support level at $21.48. The company traded in the range of $12.36 and $24.86 in the past 52 weeks. Free report on CTRP can be accessed by registering at  http://www.StockCall.com/CTRP041213.pdf  Starwood Hotels & Resorts Worldwide Inc. made an upward movement with 0.87 percent gain in its latest trading session. The company's stock ended at $63.68 and its highest price point for the session stood at $64.06, which is also its new 52-week high. In the past 12 months, the stock has gained 14.86 percent while its YTD gain stands at 13.43 percent. The company trades at beta of 2.18, which implies high volatility. It traded 2.44 million shares during Thursday's session, in comparison to its regular daily volume of 1.91 million shares. The hotel company commands market capitalization of $12.34 billion. HOT technical report can be accessed for free by signing up at  http://www.StockCall.com/HOT041213.pdf  Marriott International Inc. closed its Thursday's trading session at $42.21, up 0.52 percent from its previous close. The stock shows a bullish trend but currently is in overbought territory with Relative Strength Index of 61.32. It is likely to face a mild pullback in the coming trading sessions and may find support at $41.66. Upon breaching this level, it may go down to $41.14 level. Marriott traded 1.70 million shares during yesterday's session, and the stock oscillated in the range of $42.08 and $42.37. The stock has appreciated 11.73 percent in the past 52 weeks. Download the free report on MAR upon registration at  http://www.StockCall.com/MAR041213.pdf  Orient-Express Hotels Ltd. is currently trading above its 20-day moving average but below its 50-day moving average price of $10.32 and is in a neutral mode. It also ended its latest trading session at $10.29, further confirming the trend. Orient-Express Hotels exchanged 522,960 shares during yesterday's session. The stock has underperformed in the broader markets and declined 10.13 percent so far this year. However, it is likely to go up to $10.48 in the coming trading sessions. Its second resistance level is at $10.93. The company commands market capitalization of $1.25 billion. Register with StockCall and download the research on OEH for free at  http://www.StockCall.com/OEH041213.pdf  About StockCall.com  StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at  http://www.stockcall.com  SOURCE StockCall.com  Contact: William T. Knight, Email: info@stockcall.com, Contact Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST)  
Press spacebar to pause and continue. Press esc to stop.