LOCKHEED MARTIN CORP (LMT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LMT - US5398301094 - Common Stock
465.38 USD
+13.18 (+2.91%)
465 USD
-0.38 (-0.08%)
Taking everything into account, LMT scores 1 out of 10 in our technical rating. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
67% of all other stocks performed better in the past year than LMT.
LMT is part of the Aerospace & Defense industry. There are 72 other stocks in this industry, of which 67% are performing better than LMT.
LMT has an average volume of 1331940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LMT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LMT is lagging the market.
In the last month LMT has a been trading in the 437.25 - 485.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of LMT is bad and it also does not present a quality setup 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
519.39
We found 4 important support areas.
- A support zone ranging from 450.92 to 462.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @440.74 from a trend 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 the weekly time frame.
- Support @410.73 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 479.07 to 486.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @496.96 from a horizontal line in the weekly time frame.
- Resistance @505.06 from a horizontal line in the weekly time frame.
- Resistance @514.25 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for LMT is neutral. |
| ChartMill Relative Strength | 33.81 | NEUTRAL | LMT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LMT is above the rising 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) | UP | POSITIVE | The current price of LMT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.27 | NEUTRAL | The RSI value for LMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.08 | POSITIVE | The MACD value suggests LMT has a positive trend. |
| Stochastics (14,3) | 37.82 | NEUTRAL | The Stochastics value for LMT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for LMT suggests low volalility. |
| Average Directional Index/ADX (14) | 18.29 | NEGATIVE | The low ADX value for LMT suggests a weak or negative 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)
465.38
+13.18 (+2.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg2.91%
1 Week5.96%
2 Weeks1%
1 Month1.53%
3 Month-1.26%
6 Month-4.33%
12 Month-5.92%
2 Year2.68%
3 Year-4.34%
5 Year31.1%
10 Year114.31%
15 Year565.68%
Volatility
ATR(14)9.15
ATR(20)%1.92%
ATR Inc13.01%
Range Today14.08
ADR(20)8.5
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.81
3 months CRS40.1
6 months CRS23.58
Mansfield-1.05
10 Day High465.56
10 Day Low437.25
20 Day High485
20 Day Low437.25
52 Week High516
52 Week Low410.11
CS1 End462.46
CR1 Start479.07
Volume & EV
DER(3)1.13%
DER(5)2.34%
Volume1.39M
Volume Incr9.48%
Vol(5)1.45M
Vol(50)1.33M
LOCKHEED MARTIN CORP / LMT FAQ
Can you provide the ChartMill technical rating for LOCKHEED MARTIN CORP?
ChartMill assigns a technical rating of 1 / 10 to LMT.
What is the trend direction for LMT stock?
The current trend direction for LOCKHEED MARTIN CORP (LMT) is Bearish.
What is the RSI signal for LMT stock?
LOCKHEED MARTIN CORP (LMT) has an RSI value of 52.2736. 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.