Marriott Vacations Worldwide Corp

VAC is consolidating in the 9/20/50–day EMA cluster following a sharp August rally. The long-term uptrend remains intact above the rising 200-day SMA, and no active bearish patterns are present. Medium-term bias stays bullish, but short-term EMAs have rolled over and RSI sits neutral, suggesting patience is warranted for a pullback into the 50-day SMA as an optimal entry zone.

• ↑Q2 revenue $1.32B (+6% YoY); contract sales $545M (+22%), VPG $4,477
• ↑Full-year adjusted EBITDA guidance raised to $805-$830M on earnings momentum
• ↓Net corporate debt $3.1B; leverage ~4x could strain cash flow in downturn