LOCKHEED MARTIN

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	LMT
ISIN:

LOCKHEED MARTIN - Daily - Technical analysis published on 04/23/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 457.45 USD

My targets

493.13 USD (+2.19%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 457.45 USD remains possible. It is advisable to trade LOCKHEED MARTIN with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 457.45 USD. The next bullish objective for buyers is set at 493.13 USD. A bullish break in this resistance would boost the bullish momentum. PS: if there is a bearish break in the support located at 457.45 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by AMIKOTUN. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The LOCKHEED MARTIN rating is 482.55 USD. The price is lower by -1.64% since the last closing and was between 480.61 USD and 491.28 USD. This implies that the price is at +0.40% from its lowest and at -1.78% from its highest.

480.61

491.28

482.55

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by LOCKHEED MARTIN:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this LOCKHEED MARTIN chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near support of channel

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Three black crows

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	436.56	457.45	479.70	482.55	493.13
Change (%)	-9.53%	-5.20%	-0.59%	-	+2.19%
Change	-45.99	-25.10	-2.85	-	+10.58
Level	Minor	Major	Major	-	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	467.68	474.14	478.35	484.81	489.02	495.48	499.69
Camarilla	479.62	480.59	481.57	482.55	483.53	484.51	485.48
Woodie	466.55	473.58	477.22	484.25	487.89	494.92	498.56
Fibonacci	474.14	478.22	480.74	484.81	488.89	491.41	495.48

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	445.25	462.93	472.74	490.42	500.23	517.91	527.72
Camarilla	474.99	477.51	480.03	482.55	485.07	487.59	490.11
Woodie	441.32	460.96	468.81	488.45	496.30	515.94	523.79
Fibonacci	462.93	473.43	479.92	490.42	500.92	507.41	517.91

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	437.12	450.20	461.47	474.55	485.82	498.90	510.17
Camarilla	466.03	468.27	470.50	472.73	474.96	477.19	479.43
Woodie	436.21	449.75	460.56	474.10	484.91	498.45	509.26
Fibonacci	450.20	459.51	465.25	474.55	483.86	489.60	498.90

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	55.60
MACD (12,26,9):	5.2200
Directional Movement:	9.33
AROON (14):	78.57
DEMA (21):	493.30
Parabolic SAR (0,02-0,02-0,2):	488.51
Elder Ray (13):	2.90
Super Trend (3,10):	477.09
Zig ZAG (10):	490.60
VORTEX (21):	1.0400
Stochastique (14,3,5):	66.67
TEMA (21):	495.58
Williams %R (14):	-47.21
Chande Momentum Oscillator (20):	3.98
Repulse (5,40,3):	-2.2200
ROCnROLL:	1
TRIX (15,9):	0.1400
Courbe Coppock:	7.33

MA7:	492.15
MA20:	484.62
MA50:	478.90
MA100:	473.78
MAexp7:	492.22
MAexp20:	486.73
MAexp50:	479.34
MAexp100:	470.85
Price / MA7:	-1.95%
Price / MA20:	-0.43%
Price / MA50:	+0.76%
Price / MA100:	+1.85%
Price / MAexp7:	-1.96%
Price / MAexp20:	-0.86%
Price / MAexp50:	+0.67%
Price / MAexp100:	+2.48%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on LOCKHEED MARTIN at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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