Lockheed Martin · Sell Signal · Week 10
Lockheed Martin at Week 10: Decline Loses Steam, Rebound Takes Shape
Lockheed Martin · Sell Signal · Week 10
In Summary
Lockheed Martin is at week 10 of a sell signal. The week closed down 1.3%, but buy volume jumped to 76% — unusual for a down week. Over the past 4 weeks the decline has progressively lost momentum: momentum indicator recovering, distribution retreating, double bottom forming on the daily chart in the 501 area. The quality band flags trading as not recommended.
Ongoing decline
·10th week from start
·US stocks
·T2
IQS Phase
70
in tension
Signal Strength
4
indecisive week
Sizing
MINIMUM
Ranking
#45 / 96
US stocks
Trade P&L %
+14.95%
from signal to today
restricted Platinum content