MARTIN MARIETTA MATERIALS (MLM)

US5732841060 - Common Stock

581.69  -30.99 (-5.06%)

After market: 581.69 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, MLM scores 7 out of 10 in our technical rating. In the last year, MLM was one of the better performers, but we do observe some doubts in the very recent evolution.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, MLM did better than 85% of all other stocks. On top of that, MLM also shows a nice and consistent pattern of rising prices.
MLM 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 MLM is lagging the market slightly.
MLM is part of the Construction Materials industry. There are 12 other stocks in this industry, MLM did better than 54% of them.
In the last month MLM has a been trading in the 572.57 - 615.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MLM Weekly chart
MLM Daily chart
Setup Rating and Analysis

3

Although MLM has an excellent technical rating, it 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.

Support and Resistance Analysis

465.41

627.76

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 575.88 to 575.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @470.11 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 596.37 to 601.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 611.91 to 621.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.31
Mansfield0.51
10 Day High615.97
10 Day Low580.5
20 Day High615.97
20 Day Low572.57
52 Week High626.67
52 Week Low389.9
Performance
1 Week-3.57%
2 Weeks-1.4%
1 Month-0.93%
3 Month7.75%
6 Month25.89%
12 Month42.43%
2 Year71.4%
3 Year59.96%
5 Year176.34%
10 Year373.69%
15 Year613.99%
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)-0.14
RSI(14)40.83
LBB580.47
UBB616.53
MLM Daily chart

MARTIN MARIETTA MATERIALS

NYSE:MLM (5/16/2024, 7:04:33 PM)

After market: 581.69 0 (0%)

581.69

-30.99 (-5.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryConstruction Materials
Performance
% Chg-5.06%
1 Week-3.57%
2 Weeks-1.4%
1 Month-0.93%
3 Month7.75%
6 Month25.89%
12 Month42.43%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)13.32
ATR(20)%2.41%
ATR Inc
Range Today30.88
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 High615.97
10 Day Low580.5
20 Day High615.97
20 Day Low572.57
52 Week High626.67
52 Week Low389.9
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume722.20K
Volume Incr-10.57%
Vol(5)412.66K
Vol(50)431.03K