LOCKHEED MARTIN CORP (LMT) Stock Technical Analysis
NYSE:LMT - New York Stock Exchange, Inc. - US5398301094 - Common Stock - Currency: USD
Overall LMT gets a technical rating of 0 out of 10. LMT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
86% of all other stocks performed better in the past year than LMT.
LMT is one of the lesser performing stocks in the Aerospace & Defense industry. 81% of 67 stocks in the same industry do better.
LMT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month LMT has a been trading in the 410.11 - 474.40 range, which is quite wide. It is currently trading near the lows of this range.
LMT has an average volume of 1873760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LMT has a poor technical rating and the quality of the setup is also 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
406.62
491.32
When analyzing the support we can see 2 important areas.
- A support zone ranging from 421.00 to 425.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @410.73 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 428.02 to 433.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 448.01 to 455.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @463.98 from a trend line in the daily time frame.
- A resistance zone ranging from 479.17 to 486.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for LMT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LMT is down. |
| ChartMill Relative Strength | 14.72 | NEGATIVE | LMT has a low relative strength, it was outperformed by 85.28% 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) | DOWN | NEGATIVE | The current price of LMT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LMT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.79 | NEUTRAL | The RSI value for LMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.3 | POSITIVE | The MACD value suggests LMT has a positive trend. |
| Stochastics (14,3) | 50.79 | NEUTRAL | The Stochastics value for LMT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for LMT suggests some volalility. |
| Average Directional Index/ADX (14) | 28.32 | POSITIVE | The high ADX value value for LMT suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
426.26
+0.63 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.15%
1 Week0.6%
2 Weeks1.17%
1 Month-9.99%
3 Month-8.98%
6 Month0.73%
12 Month-23.9%
2 Year-4.93%
3 Year1.46%
5 Year9.22%
10 Year111.88%
15 Year513.15%
Volatility
ATR(14)7.63
ATR(20)%2.26%
ATR Inc-37.87%
Range Today3.7
ADR(20)8.43
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.72
Mansfield-2.07
10 Day High436.62
10 Day Low412.55
20 Day High474.4
20 Day Low410.11
52 Week High618.95
52 Week Low410.11
CS1 End425.02
CR1 Start428.02
Volume & EV
DER(3)-1.17%
DER(5)-0.24%
Volume1.46M
Volume Incr-25.69%
Vol(5)1.62M
Vol(50)1.87M