Market Overview

Starwood Hotels & Resorts: Stock on the Move Lower, Down 2.7% (HOT)

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Starwood Hotels & Resorts (NYSE: HOT) is one of today's notable stocks in decline, down 2.7% to $44.60. The S&P is currently trading 0.8% lower to 1,194 and the Dow Jones Industrial Average is trading 0.6% lower to 11,408.

Starwood Hotels & Resorts is in SmarTrend's Lodging industry and this industry is currently in a Downtrend according to our research. We are monitoring many other stocks on the move within this industry.

In the last five trading sessions, the 50-day MA has fallen 1.54% while the 200-day MA has slid 0.32%.

In the past 52 weeks, shares of Starwood Hotels & Resorts have traded between a low of $41.98 and a high of $65.51 and are now at $44.60, which is 6% above that low price.

SmarTrend currently has shares of Starwood Hotels & Resorts in an Downtrend and issued the Downtrend alert on July 18, 2011 at $55.13. The stock has fallen 16.9% since the Downtrend alert was issued.

Write to Chip Brian at cbrian@mysmartrend.com

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