LOCKHEED MARTIN CORP (LMT) Technical Analysis
NYSE:LMT • US5398301094
Current stock price
LMT Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to LMT. In the last year, LMT was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- In the last month LMT has a been trading in the 568.84 - 637.92 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- LMT has an average volume of 1506590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When compared to the yearly performance of all other stocks, LMT outperforms 54% of them, which is more or less in line with the market.
- LMT is an average performer in the Aerospace & Defense industry, it outperforms 50% of 80 stocks in the same industry.
- LMT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LMT is lagging the market.
LMT Weekly and Daily overview Charts
LMT Setup Rating and Analysis
The technical rating of LMT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
LMT Support and Resistance Analysis
418.96
When analyzing the support we can see 5 important areas.
- A support zone ranging from 571.94 to 571.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @486.86 from a trend line in the weekly time frame.
- Support @468.88 from a trend line in the daily time frame.
- Support @449.06 from a horizontal line in the daily time frame.
- Support @423.19 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 603.33 to 622.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 634.71 to 637.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
LMT Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for LMT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LMT is down. |
| ChartMill Relative Strength | 54.04 | 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) | UP | POSITIVE | The current price of LMT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30.13 | NEUTRAL | The RSI value for LMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.53 | NEGATIVE | The MACD value suggests LMT has a negative trend. |
| Stochastics (14,3) | 5.75 | OVERSOLD | The low Stochastics value suggests LMT may be oversold. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for LMT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.58 | NEUTRAL | The ADX value for LMT suggests a possible start of a new trend. |
LMT Chart- and CandleStick Pattern Analysis
LMT Technicals: Chart, Performance Metrics, Trend & Indicators
571.95
-9.33 (-1.61%)
LOCKHEED MARTIN CORP / LMT TA FAQ
Can you provide the ChartMill technical rating for LOCKHEED MARTIN CORP?
ChartMill assigns a technical rating of 2 / 10 to LMT.
Can you provide the trend direction for LOCKHEED MARTIN CORP?
The current trend direction for LOCKHEED MARTIN CORP (LMT) is Bullish.
What is the RSI signal for LOCKHEED MARTIN CORP (LMT) stock?
LOCKHEED MARTIN CORP (LMT) has an RSI value of 30.1348. This indicates that the stock is currently neutral.
What is the buy/sell signal for LMT stock?
The buy/sell signal for LOCKHEED MARTIN CORP (LMT) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for LOCKHEED MARTIN CORP (LMT) stock?
LOCKHEED MARTIN CORP (LMT) has a support level at 571.94 and a resistance level at 603.33. Check the full technical report for our detailed analysis of LMT support and resistance levels.