LOCKHEED MARTIN CORP (LMT) Stock Technical Analysis
NYSE:LMT - US5398301094 - Common Stock
463.9 USD
+7.05 (+1.54%)
463.04 USD
-0.86 (-0.19%)
Overall LMT gets a technical rating of 4 out of 10. In the past year, LMT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, LMT is a bad performer in the overall market: 86% of all stocks are doing better.
LMT is one of the lesser performing stocks in the Aerospace & Defense industry. 79% of 69 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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month LMT has a been trading in the 423.91 - 463.98 range, which is quite wide. It is currently trading near the high of this range.
LMT has an average volume of 1745030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LMT has an average technical rating and it also does not offer a high 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
491.32
When analyzing the support we can see 4 important areas.
- Support @463.25 from a trend line in the daily time frame.
- A support zone ranging from 445.69 to 453.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 found 1 important resistance area.
- 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 | NEUTRAL | NEUTRAL | The long term trend for LMT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LMT is up. |
| ChartMill Relative Strength | 14.96 | NEGATIVE | LMT has a low relative strength, it was outperformed by 85.04% off all stocks 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) | UP | POSITIVE | The current price of LMT is above the rising 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) | 66 | NEUTRAL | The RSI value for LMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.05 | POSITIVE | The MACD value suggests LMT has a positive trend. |
| Stochastics (14,3) | 81.14 | OVERBOUGHT | The high Stochastics value suggests LMT may be overbought. |
| Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for LMT suggests low volalility. |
| Average Directional Index/ADX (14) | 23.41 | NEUTRAL | The ADX value for LMT suggests a possible start of a new 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)
463.9
+7.05 (+1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg1.54%
1 Week1.69%
2 Weeks3.73%
1 Month7.7%
3 Month-3.69%
6 Month-2.06%
12 Month-18.13%
2 Year13.43%
3 Year20.09%
5 Year21.03%
10 Year123.77%
15 Year550.81%
Volatility
ATR(14)6.4
ATR(20)%1.46%
ATR Inc21.54%
Range Today7.22
ADR(20)6.65
ADR(20)%1.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.96
Mansfield-1.34
10 Day High463.98
10 Day Low444.86
20 Day High463.98
20 Day Low423.91
52 Week High618.95
52 Week Low410.11
CS1 End463.25
CR1 Start479.17
Volume & EV
DER(3)0.28%
DER(5)-0.02%
Volume1.47M
Volume Incr-2.29%
Vol(5)1.49M
Vol(50)1.75M