LOCKHEED MARTIN - 1H - Technical analysis published on 08/05/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 524.98 USD
My targets
561.12 USD (+2.56%)
My analysis
The bullish trend is currently very strong on LOCKHEED MARTIN. As long as the price remains above the support at 524.98 USD, you could try to benefit from the boom. The first bullish objective is located at 561.12 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LOCKHEED MARTIN rating is 547.13 USD. The price registered a decrease of -0.30% on the session and was traded between 538.24 USD and 562.60 USD over the period. The price is currently at +1.65% from its lowest and -2.75% from its highest.538.24
562.60
547.13
Here is a more detailed summary of the historical variations registered by LOCKHEED MARTIN:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of LOCKHEED MARTIN in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 6 are neutral and 4 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
S3 | S2 | S1 | Price | R1 | |
---|---|---|---|---|---|
ProTrendLines | 487.67 | 519.34 | 547.00 | 547.13 | 561.12 |
Change (%) | -10.87% | -5.08% | -0.02% | - | +2.56% |
Change | -59.46 | -27.79 | -0.13 | - | +13.99 |
Level | Major | Intermediate | Intermediate | - | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 520.00 | 530.70 | 539.73 | 550.43 | 559.46 | 570.16 | 579.19 |
Camarilla | 543.34 | 545.15 | 546.96 | 548.77 | 550.58 | 552.39 | 554.20 |
Woodie | 519.18 | 530.28 | 538.91 | 550.01 | 558.64 | 569.74 | 578.37 |
Fibonacci | 530.70 | 538.23 | 542.89 | 550.43 | 557.96 | 562.62 | 570.16 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 483.12 | 501.19 | 524.98 | 543.05 | 566.84 | 584.91 | 608.70 |
Camarilla | 537.26 | 541.10 | 544.93 | 548.77 | 552.61 | 556.44 | 560.28 |
Woodie | 485.98 | 502.62 | 527.84 | 544.48 | 569.70 | 586.34 | 611.56 |
Fibonacci | 501.19 | 517.18 | 527.06 | 543.05 | 559.04 | 568.92 | 584.91 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 392.13 | 424.12 | 483.02 | 515.01 | 573.91 | 605.90 | 664.80 |
Camarilla | 516.93 | 525.26 | 533.59 | 541.92 | 550.25 | 558.58 | 566.92 |
Woodie | 405.59 | 430.85 | 496.48 | 521.74 | 587.37 | 612.63 | 678.26 |
Fibonacci | 424.12 | 458.84 | 480.29 | 515.01 | 549.73 | 571.18 | 605.90 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 56.15 | |
MACD (12,26,9): | 2.1600 | |
Directional Movement: | 27.66 | |
AROON (14): | -7.14 | |
DEMA (21): | 547.86 | |
Parabolic SAR (0,02-0,02-0,2): | 561.17 | |
Elder Ray (13): | 0.34 | |
Super Trend (3,10): | 559.99 | |
Zig ZAG (10): | 546.43 | |
VORTEX (21): | 1.0100 | |
Stochastique (14,3,5): | 26.23 | |
TEMA (21): | 544.81 | |
Williams %R (14): | -66.34 | |
Chande Momentum Oscillator (20): | -12.14 | |
Repulse (5,40,3): | 0.2600 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0900 | |
Courbe Coppock: | 1.03 |
MA7: | 539.35 | |
MA20: | 499.64 | |
MA50: | 478.27 | |
MA100: | 465.69 | |
MAexp7: | 544.77 | |
MAexp20: | 544.09 | |
MAexp50: | 534.68 | |
MAexp100: | 518.02 | |
Price / MA7: | +1.44% | |
Price / MA20: | +9.50% | |
Price / MA50: | +14.40% | |
Price / MA100: | +17.49% | |
Price / MAexp7: | +0.43% | |
Price / MAexp20: | +0.56% | |
Price / MAexp50: | +2.33% | |
Price / MAexp100: | +5.62% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on LOCKHEED MARTIN. At the time of publication of this analysis, the latest news was as follows:
- Lockheed Martin Reports Second Quarter 2024 Financial Results
- Worldwide C-130J Super Hercules Fleet Soars Past 3 Million Flight Hours
- Lockheed Martin Delivers First C-130J-30 Super Hercules to Ohio Youngstown Air Reserve Station
- Lockheed Martin Announces Second Quarter 2024 Earnings Results Webcast
- Lockheed Martin Declares Third Quarter 2024 Dividend
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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