LOCKHEED MARTIN CORP (LMT)
US5398301094 - Common Stock
We assign a technical rating of 8 out of 10 to LMT. Although LMT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
LMT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LMT is lagging the market slightly.
In the last month LMT has a been trading in the 442.83 - 473.54 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 1126130 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 52% of them, which is more or less in line with the market.
LMT is an average performer in the Aerospace & Defense industry, it outperforms 40% of 65 stocks in the same industry.
LMT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 462.74, a Stop Loss order could be placed below this zone.
More info and screens
390.79
468.95
5 important support areas can be observed.
- A support zone ranging from 438.81 to 462.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @431.16 from a trend line in the daily time frame.
- Support @421.70 from a horizontal line in the daily time frame.
- Support @409.18 from a trend line in the weekly time frame.
- A support zone ranging from 394.74 to 400.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 463.18 to 464.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.16
Mansfield-0.71
10 Day High473.54
10 Day Low456.06
20 Day High473.54
20 Day Low442.84
52 Week High479.5
52 Week Low393.77
Performance
1 Week-1.02%
2 Weeks0.31%
1 Month2.3%
3 Month8.51%
6 Month4.03%
12 Month2.66%
2 Year5.15%
3 Year21.08%
5 Year36.7%
10 Year182.79%
15 Year453.37%
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)
Technical Indicators
MACD(12,26,9)-0.44
RSI(14)58.62
LBB455.55
UBB467.98
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 464.32 | 456.05 | 8.27 (1.78%) | 25.00% |
| An entry @464.32. This is a Buy Stop order right above the resistance zone. | An exit @456.05. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 8.27 points, which is 1.78%. | For a 0.45% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LMT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LOCKHEED MARTIN CORP
NYSE:LMT (5/6/2024, 7:12:24 PM)
After market: 462.78 0 (0%)462.78
+0.87 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.19%
1 Week-1.02%
2 Weeks0.31%
1 Month2.3%
3 Month8.51%
6 Month4.03%
12 Month2.66%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.83
ATR(20)%1.5%
ATR Inc
Range Today3.32
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High473.54
10 Day Low456.06
20 Day High473.54
20 Day Low442.84
52 Week High479.5
52 Week Low393.77
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume796.30K
Volume Incr-23.49%
Vol(5)885.00K
Vol(50)1.13M