LOCKHEED MARTIN CORP (LMT) Stock Technical Analysis
USA - NYSE:LMT - US5398301094 - Common Stock
Overall LMT gets a technical rating of 5 out of 10. In the last year, LMT was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
LMT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
416.79
When analyzing the support we can see 2 important areas.
- Support @485.40 from a horizontal line in the daily time frame.
- A support zone ranging from 421.00 to 424.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 495.28 to 514.25. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for LMT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LMT is neutral. |
| ChartMill Relative Strength | 39.08 | NEUTRAL | LMT is not amongst the best or worst performers 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 | POSITIVE | The current price of LMT is above 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) | 45.29 | NEUTRAL | The RSI value for LMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.84 | NEGATIVE | The MACD value suggests LMT has a negative trend. |
| Stochastics (14,3) | 12.93 | OVERSOLD | The low Stochastics value suggests LMT may be oversold. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for LMT suggests some volalility. |
| Average Directional Index/ADX (14) | 29.96 | POSITIVE | The high ADX value value for LMT suggests a strong trend. |
485.41
-2.64 (-0.54%)
LOCKHEED MARTIN CORP / LMT FAQ
Can you provide the ChartMill technical rating for LOCKHEED MARTIN CORP?
ChartMill assigns a technical rating of 5 / 10 to LMT.
What is the trend direction for LMT stock?
The current trend direction for LOCKHEED MARTIN CORP (LMT) is Bullish.
What is the RSI signal for LMT stock?
LOCKHEED MARTIN CORP (LMT) has an RSI value of 45.2887. This indicates that the stock is currently neutral.
What is the short term momentum for LOCKHEED MARTIN CORP (LMT) stock?
The short term momentum for LOCKHEED MARTIN CORP (LMT) is neutral.