LOCKHEED MARTIN CORP (LMT)

US5398301094 - Common Stock

542.97  +8.24 (+1.54%)

Technical Rating and Analysis

1

We assign a technical rating of 1 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.

In the last month LMT has a been trading in the 528.74 - 576.43 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
LMT has an average volume of 1058650 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, the long term trend is neutral. Not much exciting going on here.
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 46% of 65 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.
Weekly and Daily overview Charts
LMT Weekly chart
LMT Daily chart
Setup Rating and Analysis

3

The technical rating of LMT 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.

Support and Resistance Analysis

443.09

620.77

We found 5 important support areas.

  • A support zone ranging from 530.95 to 534.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 500.71 to 504.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 465.87 to 470.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @456.78 from a horizontal line in the daily time frame.
  • Support @447.57 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 548.34 to 556.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 611.82 to 614.62. 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
CRS54.74
Mansfield-0.24
10 Day High576.43
10 Day Low528.74
20 Day High576.43
20 Day Low528.74
52 Week High618.95
52 Week Low413.92
Performance
1 Week-4.12%
2 Weeks-3.1%
1 Month-6.37%
3 Month-3.65%
6 Month14.42%
12 Month18.3%
2 Year10.21%
3 Year60.43%
5 Year36.75%
10 Year179.15%
15 Year592.39%
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)-1.66
RSI(14)34.22
LBB522.81
UBB572.97
LMT Daily chart

LOCKHEED MARTIN CORP

NYSE:LMT (11/21/2024, 2:31:06 PM)

542.97

+8.24 (+1.54%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg1.54%
1 Week-4.12%
2 Weeks-3.1%
1 Month-6.37%
3 Month-3.65%
6 Month14.42%
12 Month18.3%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)11.22
ATR(20)%1.97%
ATR Inc
Range Today9.87
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 High576.43
10 Day Low528.74
20 Day High576.43
20 Day Low528.74
52 Week High618.95
52 Week Low413.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume625.15K
Volume Incr24.82%
Vol(5)1.39M
Vol(50)1.06M