LOCKHEED MARTIN - Daily - Technical analysis published on 01/05/2020 (GMT)
- 381
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : WITHOUT TARGET
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 397.04 USD
My targets
-
My analysis
The bullish trend is currently very strong on LOCKHEED MARTIN. As long as the price remains above the support at 397.04 USD, you could try to benefit from the boom. 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.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
9.1
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This analysis was given by emerick. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
LOCKHEED MARTIN rating 413.74 USD. The price has increased by +3.60% since the last closing and was between 403.00 USD and 417.17 USD. This implies that the price is at +2.67% from its lowest and at -0.82% from its highest.403.00
417.17
413.74
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
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
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New HIGH record (1 month)
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 strongly bullish. 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 currently does not detect any result that concerns moving averages.
In fact, 17 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 361.00 | 370.51 | 397.04 | 413.74 |
| Change (%) | -12.75% | -10.45% | -4.04% | - |
| Change | -52.74 | -43.23 | -16.70 | - |
| Level | Major | Major | Major | - |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 385.34 | 388.14 | 393.76 | 396.56 | 402.18 | 404.98 | 410.60 |
| Camarilla | 397.05 | 397.83 | 398.60 | 399.37 | 400.14 | 400.91 | 401.69 |
| Woodie | 386.74 | 388.85 | 395.16 | 397.27 | 403.58 | 405.69 | 412.00 |
| Fibonacci | 388.14 | 391.36 | 393.35 | 396.56 | 399.78 | 401.77 | 404.98 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 382.13 | 384.86 | 389.23 | 391.96 | 396.33 | 399.06 | 403.43 |
| Camarilla | 391.65 | 392.30 | 392.95 | 393.60 | 394.25 | 394.90 | 395.55 |
| Woodie | 382.95 | 385.27 | 390.05 | 392.37 | 397.15 | 399.47 | 404.25 |
| Fibonacci | 384.86 | 387.57 | 389.25 | 391.96 | 394.67 | 396.35 | 399.06 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 366.10 | 372.88 | 381.13 | 387.91 | 396.16 | 402.94 | 411.19 |
| Camarilla | 385.25 | 386.63 | 388.00 | 389.38 | 390.76 | 392.14 | 393.51 |
| Woodie | 366.84 | 373.25 | 381.87 | 388.28 | 396.90 | 403.31 | 411.93 |
| Fibonacci | 372.88 | 378.62 | 382.17 | 387.91 | 393.65 | 397.20 | 402.94 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 74.33 | |
| MACD (12,26,9): | 4.2300 | |
| Directional Movement: | 32.88 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 396.07 | |
| Parabolic SAR (0,02-0,02-0,2): | 382.10 | |
| Elder Ray (13): | 16.37 | |
| Super Trend (3,10): | 391.91 | |
| Zig ZAG (10): | 413.74 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 85.18 | |
| TEMA (21): | 398.73 | |
| Williams %R (14): | -9.14 | |
| Chande Momentum Oscillator (20): | 27.79 | |
| Repulse (5,40,3): | 4.1600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 5.80 |
| MA7: | 395.76 | |
| MA20: | 389.13 | |
| MA50: | 384.41 | |
| MA100: | 382.46 | |
| MAexp7: | 397.77 | |
| MAexp20: | 391.34 | |
| MAexp50: | 386.33 | |
| MAexp100: | 378.50 | |
| Price / MA7: | +4.54% | |
| Price / MA20: | +6.32% | |
| Price / MA50: | +7.63% | |
| Price / MA100: | +8.18% | |
| Price / MAexp7: | +4.01% | |
| Price / MAexp20: | +5.72% | |
| Price / MAexp50: | +7.09% | |
| Price / MAexp100: | +9.31% |
News
The last news published on LOCKHEED MARTIN at the time of the generation of this analysis was as follows:
- Lockheed Martin Delivers 134 F-35s in 2019, Exceeding Annual Commitment
- GomSpace, Lockheed Martin Space and Orbital Micro Systems Team up for new Microwave Sensing Nanosatellite Project
- GomSpace, Lockheed Martin Space and Orbital Micro Systems Team up for new Microwave Sensing Nanosatellite Project
- GomSpace, Lockheed Martin Space and Orbital Micro Systems Team up for new Microwave Sensing Nanosatellite Project
- Lockheed Martin Hosts Bahrain Ambassador at F-16 Production Line
This member declared not having a position on this financial instrument or a related financial instrument.
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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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