LOCKHEED MARTIN CORP (LMT) Stock Technical Analysis
NYSE:LMT - New York Stock Exchange, Inc. - US5398301094 - Common Stock - Currency: USD
Taking everything into account, LMT scores 0 out of 10 in our technical rating. LMT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
81% 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. 87% of 67 stocks in the same industry do better.
LMT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month LMT has a been trading in the 451.46 - 482.37 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
LMT has an average volume of 1473190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, LMT does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 458.33, a Stop Loss order could be placed below this zone.
More info and screens
418.95
491.32
3 important support areas can be observed.
- Support @458.33 from a horizontal line in the daily time frame.
- Support @449.18 from a horizontal line in the daily time frame.
- A support zone ranging from 423.18 to 430.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 464.33 to 469.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for LMT is neutral. |
| ChartMill Relative Strength | 19.19 | NEGATIVE | LMT has a low relative strength, it was outperformed by 80.81% 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) | 44.03 | NEUTRAL | The RSI value for LMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests LMT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.57 | NEUTRAL | The Stochastics value for LMT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for LMT suggests low volalility. |
| Average Directional Index/ADX (14) | 8.52 | 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)
460.53
-3.43 (-0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-0.74%
1 Week-2.75%
2 Weeks-1.82%
1 Month-2.13%
3 Month-3.58%
6 Month-7.33%
12 Month-12.25%
2 Year3.17%
3 Year11.29%
5 Year21.52%
10 Year122.37%
15 Year512.81%
Volatility
ATR(14)7.5
ATR(20)%1.77%
ATR Inc17.61%
Range Today6.83
ADR(20)7.82
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.19
Mansfield-1.55
10 Day High474.76
10 Day Low456
20 Day High482.37
20 Day Low451.46
52 Week High618.95
52 Week Low418.88
CS1 End458.33
CR1 Start464.33
Volume & EV
DER(3)-1.67%
DER(5)-1.53%
Volume1.58M
Volume Incr-23.49%
Vol(5)1.26M
Vol(50)1.47M