LOCKHEED MARTIN - Daily - Technical analysis published on 10/03/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
11%
61%
28%
My opinion
Bullish above 361.00 USD
My targets
387.95 USD (+2.06%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on LOCKHEED MARTIN. As long as you are above the support located at 361.00 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 387.95 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. If the support 361.00 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
0.9
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
LOCKHEED MARTIN rating 380.13 USD. The price has increased by +0.52% since the last closing and was between 374.33 USD and 380.42 USD. This implies that the price is at +1.55% from its lowest and at -0.08% from its highest.374.33
380.42
380.13
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by LOCKHEED MARTIN:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of LOCKHEED MARTIN indicates that the overall trend is bullish. 71.43% 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 market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Aroon indicator bearish trend
Type : Bearish
Timeframe : Daily
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Downside gap
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 294.50 | 309.47 | 361.00 | 380.13 | 387.95 |
| Change (%) | -22.53% | -18.59% | -5.03% | - | +2.06% |
| Change | -85.63 | -70.66 | -19.13 | - | +7.82 |
| Level | Intermediate | Minor | Major | - | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 364.81 | 369.44 | 373.80 | 378.43 | 382.79 | 387.42 | 391.78 |
| Camarilla | 375.69 | 376.51 | 377.34 | 378.16 | 378.98 | 379.81 | 380.63 |
| Woodie | 364.67 | 369.37 | 373.66 | 378.36 | 382.66 | 387.35 | 391.65 |
| Fibonacci | 369.44 | 372.87 | 374.99 | 378.43 | 381.86 | 383.99 | 387.42 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 374.16 | 380.14 | 384.00 | 389.98 | 393.84 | 399.82 | 403.68 |
| Camarilla | 385.16 | 386.07 | 386.97 | 387.87 | 388.77 | 389.67 | 390.58 |
| Woodie | 373.11 | 379.61 | 382.95 | 389.45 | 392.79 | 399.29 | 402.63 |
| Fibonacci | 380.14 | 383.90 | 386.22 | 389.98 | 393.74 | 396.06 | 399.82 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 344.19 | 357.33 | 373.69 | 386.83 | 403.19 | 416.33 | 432.69 |
| Camarilla | 381.95 | 384.65 | 387.36 | 390.06 | 392.76 | 395.47 | 398.17 |
| Woodie | 345.81 | 358.14 | 375.31 | 387.64 | 404.81 | 417.14 | 434.31 |
| Fibonacci | 357.33 | 368.60 | 375.56 | 386.83 | 398.10 | 405.06 | 416.33 |
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): | 44.47 | |
| MACD (12,26,9): | 1.1600 | |
| Directional Movement: | -8.23 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 388.25 | |
| Parabolic SAR (0,02-0,02-0,2): | 399.44 | |
| Elder Ray (13): | -8.58 | |
| Super Trend (3,10): | 375.36 | |
| Zig ZAG (10): | 380.15 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 14.69 | |
| TEMA (21): | 385.34 | |
| Williams %R (14): | -77.85 | |
| Chande Momentum Oscillator (20): | -14.18 | |
| Repulse (5,40,3): | -1.3000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 0.65 |
| MA7: | 386.27 | |
| MA20: | 387.32 | |
| MA50: | 379.05 | |
| MA100: | 365.17 | |
| MAexp7: | 384.49 | |
| MAexp20: | 385.64 | |
| MAexp50: | 378.74 | |
| MAexp100: | 364.68 | |
| Price / MA7: | -1.59% | |
| Price / MA20: | -1.86% | |
| Price / MA50: | +0.28% | |
| Price / MA100: | +4.10% | |
| Price / MAexp7: | -1.13% | |
| Price / MAexp20: | -1.43% | |
| Price / MAexp50: | +0.37% | |
| Price / MAexp100: | +4.24% |
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:
- Timothy Cahill Named to Lead Lockheed Martin International
- Aramark Awarded Management Contract for Lockheed Martin Center for Leadership Excellence
- U.S. Army Awards Lockheed Martin Contract to Develop Sentinel A4 Radar
- Lockheed Martin Increases Share Repurchase Authority by $1.0 Billion
- Lockheed Martin Declares Fourth Quarter 2019 Dividend
This member declared not having a position on this financial instrument or a related financial instrument.
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