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 6 out of 10. In the past year, LMT was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
LMT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month LMT has a been trading in the 418.88 - 483.79 range, which is quite wide. It is currently trading near the high of this range.
LMT has an average volume of 1740520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that LMT is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
LMT is part of the Aerospace & Defense industry. There are 65 other stocks in this industry, LMT did better than 53% of them.
Although the technical rating is only medium, LMT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 477.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 469.95, a Stop Loss order could be placed below this zone.
More info and screens
418.95
484.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 457.03 to 469.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @434.98 from a horizontal line in the daily time frame.
- A support zone ranging from 423.18 to 426.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 477.76 to 479.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.13
Mansfield-0.31
10 Day High483.79
10 Day Low442.35
20 Day High483.79
20 Day Low418.88
52 Week High618.95
52 Week Low418.88
Performance
1 Week3.06%
2 Weeks1.74%
1 Month6.49%
3 Month3.2%
6 Month-12.4%
12 Month3.43%
2 Year2.86%
3 Year10.56%
5 Year22.8%
10 Year156.03%
15 Year462.79%
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)
Technical Indicators
MACD(12,26,9)1.58
RSI(14)59.86
LBB456.9
UBB483.53
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 479.74 | 457.02 | 22.72 (4.74%) | 21.12% |
| An entry @479.74. This is a Buy Stop order right above the resistance zone. | An exit @457.02. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 22.72 points, which is 4.74%. | For a 1.00% total portfolio risk, you can invest 21.12% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
477.75
+1.87 (+0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.39%
1 Week3.06%
2 Weeks1.74%
1 Month6.49%
3 Month3.2%
6 Month-12.4%
12 Month3.43%
2 Year2.86%
3 Year10.56%
5 Year22.8%
10 Year156.03%
15 Year462.79%
Volatility
ATR(14)13.75
ATR(20)%3.25%
ATR Inc-59.57%
Range Today7.48
ADR(20)14.49
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.13
Mansfield-0.31
10 Day High483.79
10 Day Low442.35
20 Day High483.79
20 Day Low418.88
52 Week High618.95
52 Week Low418.88
CS1 End469.95
CR1 Start477.76
Volume & EV
DER(3)-1.89%
DER(5)-1.8%
Volume1.10M
Volume Incr-34.07%
Vol(5)1.16M
Vol(50)1.74M