LOCKHEED MARTIN

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	LMT
ISIN:

LOCKHEED MARTIN - 1H - Technical analysis published on 08/23/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

22%

56%

My opinion

Bullish above 550.87 USD

My targets

563.22 USD (+1.12%)

My analysis

A bullish trend on LOCKHEED MARTIN both in substance and in the short term. A purchase could be considered as long as the price remains above 550.87 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 563.22 USD. Be careful, a return below 550.87 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

2.5

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

LOCKHEED MARTIN rating 556.99 USD. The price registered a decrease of -0.01% on the session with the lowest point at 555.01 USD and the highest point at 558.87 USD. The deviation from the price is +0.36% for the low point and -0.34% for the high point.

555.01

558.87

556.99

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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

Near a 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 1H of this LOCKHEED MARTIN chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Black evening star

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	519.41	541.56	550.87	556.99	563.22
Change (%)	-6.75%	-2.77%	-1.10%	-	+1.12%
Change	-37.58	-15.43	-6.12	-	+6.23
Level	Minor	Intermediate	Intermediate	-	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	549.23	551.25	554.14	556.16	559.05	561.07	563.96
Camarilla	555.68	556.13	556.58	557.03	557.48	557.93	558.38
Woodie	549.67	551.47	554.58	556.38	559.49	561.29	564.40
Fibonacci	551.25	553.13	554.28	556.16	558.04	559.19	561.07

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	538.46	544.43	552.28	558.25	566.10	572.07	579.92
Camarilla	556.33	557.60	558.86	560.13	561.40	562.66	563.93
Woodie	539.40	544.90	553.22	558.72	567.04	572.54	580.86
Fibonacci	544.43	549.71	552.97	558.25	563.53	566.79	572.07

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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	46.97
MACD (12,26,9):	-0.2700
Directional Movement:	-6.60
AROON (14):	50.00
DEMA (21):	556.21
Parabolic SAR (0,02-0,02-0,2):	551.12
Elder Ray (13):	0.12
Super Trend (3,10):	560.94
Zig ZAG (10):	555.84
VORTEX (21):	1.0400
Stochastique (14,3,5):	66.37
TEMA (21):	556.16
Williams %R (14):	-54.02
Chande Momentum Oscillator (20):	-1.13
Repulse (5,40,3):	-0.3100
ROCnROLL:	-1
TRIX (15,9):	-0.0200
Courbe Coppock:	0.01

MA7:	557.51
MA20:	551.28
MA50:	504.01
MA100:	481.69
MAexp7:	556.69
MAexp20:	556.69
MAexp50:	556.49
MAexp100:	550.56
Price / MA7:	-0.09%
Price / MA20:	+1.04%
Price / MA50:	+10.51%
Price / MA100:	+15.63%
Price / MAexp7:	+0.05%
Price / MAexp20:	+0.05%
Price / MAexp50:	+0.09%
Price / MAexp100:	+1.17%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on LOCKHEED MARTIN at the time of the analysis were as follows:

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

About author

Londinia AI

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