LMT Enters Danger Zone as RSI Spikes at $664.43
Shares of Lockheed Martin Corp (LMT) rose 0.58% to $664.43 on February 25.
Chart analysis reveals a mixed configuration:
Moving Averages
The stock holds above both the 9-day ($652.13) and 21-day ($629.42) EMAs, confirming the uptrend.
Momentum
RSI at 71.2 is in overbought territory, suggesting potential near-term exhaustion. MACD reads 26.91 against its 27.71 signal line (bearish).
Volatility
Bollinger Band width at 13.3% indicates normal volatility.
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
Watch $591.94 as support and $676.51 as resistance.
