LOCKHEED MARTIN CORP (LMT) Stock Technical Analysis
USA - NYSE:LMT - US5398301094 - Common Stock
We assign a technical rating of 1 out of 10 to LMT. 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 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.
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406.62
When analyzing the support we can see 2 important areas.
- 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.
- Support @410.73 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 478.69 to 496.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @505.06 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 514.24 to 514.25. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for LMT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LMT is down. |
| ChartMill Relative Strength | 33.91 | 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 | MIXED | The current price of LMT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LMT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.17 | NEUTRAL | The RSI value for LMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.6 | NEGATIVE | The MACD value suggests LMT has a negative trend. |
| Stochastics (14,3) | 16.44 | OVERSOLD | The low Stochastics value suggests LMT may be oversold. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for LMT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.47 | NEUTRAL | The ADX value for LMT suggests a possible start of a new trend. |
473.14
-11.84 (-2.44%)
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 36.167. 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 negative.