NYSE:MLM • US5732841060
We assign a technical rating of 3 out of 10 to MLM. Although MLM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of MLM is bad and it also does not present a 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.
569.13
3 important support areas can be observed.
2 important resistance areas can be observed.
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 MLM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MLM is down. |
| ChartMill Relative Strength | 73.06 | POSITIVE | MLM has a high relative strength, it outperformed 73.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MLM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MLM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MLM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.36 | NEUTRAL | The RSI value for MLM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -8.76 | NEGATIVE | The MACD value suggests MLM has a negative trend. |
| Stochastics (14,3) | 14.73 | OVERSOLD | The low Stochastics value suggests MLM may be oversold. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for MLM suggests some volalility. |
| Average Directional Index/ADX (14) | 18.76 | NEGATIVE | The low ADX value for MLM suggests a weak or negative trend. |
612.52
+2.53 (+0.41%)
ChartMill assigns a technical rating of 3 / 10 to MLM.
The current trend direction for MARTIN MARIETTA MATERIALS (MLM) is Bearish.
MARTIN MARIETTA MATERIALS (MLM) has an RSI value of 34.3588. This indicates that the stock is currently neutral.
The short term momentum for MARTIN MARIETTA MATERIALS (MLM) is negative.