LMT Rides Bullish EMAs Higher to $483.03
BullishLockheed Martin Corp (LMT) closed down 0.56% at $483.03 on December 27.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($478.92) with a bullish stack. The 21-day EMA at $473.23 provides support.
Momentum
RSI at 56.5 is in neutral territory but trending higher. MACD is bullish (4.20 vs signal 1.68).
Volatility
Bollinger Band width at 12.7% indicates normal volatility.
Key levels to watch: Support at $437.93, Resistance at $497.42.