Lockheed Martin Technical Analysis (NYSE:LMT)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. A LMT stock chart pattern can give those who understand technical analysis an indication of which way LMT stock is headed, but cannot predict with 100% certainty as to what can happen to the Lockheed Martin stock price.
See Lockheed Martin bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of Lockheed Martin stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Lockheed Martin Moving Average:
Moving averages show the average price of LMT stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $284.38 is below the price of $290.28.
Lockheed Martin Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the LMT stock. Lockheed Martin bollinger bands show that the stock price is $290.28, upper band is 98.34, lower band is 93.35, and the average is 95.84.
Lockheed Martin Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Lockheed Martin MACD indicator can be used to identify bullish and bearish trends for the stock.
Lockheed Martin Relative Strength Index:
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 77.23 is the RSI value of LMT stock. .