LOCKHEED MARTIN CORP (LMT) Stock Technical Analysis
NYSE:LMT - New York Stock Exchange, Inc. - US5398301094 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to LMT. LMT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
LMT is one of the lesser performing stocks in the Aerospace & Defense industry. 84% of 65 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.
LMT has an average volume of 1562160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, LMT outperforms 42% of them, which is more or less in line with the market.
In the last month LMT has a been trading in the 443.41 - 488.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, LMT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
418.95
491.32
We found 3 important support areas.
- 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 429.52. 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 463.48 to 486.46. 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 | DOWN | NEGATIVE | The long term trend for LMT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LMT is down. |
| ChartMill Relative Strength | 42.09 | 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) | 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) | 46.5 | NEUTRAL | The RSI value for LMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.81 | NEGATIVE | The MACD value suggests LMT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.68 | NEUTRAL | The Stochastics value for LMT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for LMT suggests some volalility. |
| Average Directional Index/ADX (14) | 13.6 | 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)
463.14
+4.55 (+0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.99%
1 Week-1.97%
2 Weeks-4.79%
1 Month-3.99%
3 Month7.17%
6 Month-3.88%
12 Month0.21%
2 Year0.6%
3 Year7.72%
5 Year26.92%
10 Year149.13%
15 Year521.66%
Volatility
ATR(14)13.82
ATR(20)%2.57%
ATR Inc-49.92%
Range Today5.94
ADR(20)10.44
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.09
Mansfield-1.44
10 Day High482.73
10 Day Low451.46
20 Day High488.3
20 Day Low443.41
52 Week High618.95
52 Week Low418.88
CS1 End458.33
CR1 Start462.9
Volume & EV
DER(3)2.35%
DER(5)0.26%
Volume1.21M
Volume Incr-5.1%
Vol(5)1.61M
Vol(50)1.56M