LOCKHEED MARTIN CORP (LMT) Technical Analysis
NYSE:LMT • US5398301094
Current stock price
LMT Technical Rating and Analysis
Taking everything into account, LMT scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month LMT has a been trading in the 605.00 - 692.00 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, LMT did better than 88% of all other stocks.
- LMT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so LMT is performing more or less in line with the market.
- LMT has an average volume of 1742350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- LMT is an average performer in the Aerospace & Defense industry, it outperforms 62% of 79 stocks in the same industry.
LMT Weekly and Daily overview Charts
LMT Setup Rating and Analysis
LMT has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
LMT Support and Resistance Analysis
418.96
5 important support areas can be observed.
- A support zone ranging from 608.89 to 615.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @479.92 from a trend line in the weekly time frame.
- Support @463.93 from a trend line in the daily time frame.
- Support @449.06 from a horizontal line in the daily time frame.
- Support @423.19 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @616.83 from a trend line in the daily time frame.
- A resistance zone ranging from 671.78 to 676.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
LMT Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for LMT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LMT is down. |
| ChartMill Relative Strength | 88.79 | POSITIVE | LMT has a high relative strength, it outperformed 88.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LMT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LMT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LMT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.77 | NEUTRAL | The RSI value for LMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.35 | NEGATIVE | The MACD value suggests LMT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.93 | NEUTRAL | The Stochastics value for LMT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for LMT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.98 | NEUTRAL | The ADX value for LMT suggests a possible start of a new trend. |
LMT Chart- and CandleStick Pattern Analysis
LMT Technicals: Chart, Performance Metrics, Trend & Indicators
615.84
-11.49 (-1.83%)
LOCKHEED MARTIN CORP / LMT TA FAQ
Can you provide the ChartMill technical rating for LOCKHEED MARTIN CORP?
ChartMill assigns a technical rating of 7 / 10 to LMT.
Can you provide the trend direction for LOCKHEED MARTIN CORP?
The current trend direction for LOCKHEED MARTIN CORP (LMT) is Bullish.
Can you provide the RSI signal for LOCKHEED MARTIN CORP?
LOCKHEED MARTIN CORP (LMT) has an RSI value of 41.7703. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LOCKHEED MARTIN CORP?
The MACD indicator for LOCKHEED MARTIN CORP (LMT) has a value of -5.35451, indicating a bearish trend.
Can you provide the short term momentum for LOCKHEED MARTIN CORP?
The short term momentum for LOCKHEED MARTIN CORP (LMT) is negative.