Here’s Why Lockheed Martin Corporation (NYSE:LMT) Dropped -0.5%

      Comments Off on Here’s Why Lockheed Martin Corporation (NYSE:LMT) Dropped -0.5%

For its latest trading sesion, Lockheed Martin Corporation (NYSE:LMT) dropped by -0.5% – here is what that looked like (as of 2019-12-04):

Why are these moves happning?? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.074, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 3.719, an Accumulation/Distribution Index (ADI) of 3.719, an On-Balance Volume (OBV) of 7873.962, and a Chaiikin Money Flow (CMF) of 383.62. 1.803

Now let’s take all these indicators into account. According to Trading View, we can conclude the following:

So there you have it – our analysis of Lockheed Martin Corporation (NYSE:LMT). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.