Managed sell signal: price down, momentum up
Lockheed Martin falls 4.2%, rejected at the highs, but momentum improves
Managed sell signal: price down, momentum up
Our view last week
Lockheed Martin is in the 15th week of a sell signal, and the week just closed up 7.6% on entirely buy-side volume. The trade still sits at +11.36% performance since entry, while the latest technical picture tells of a downtrend loosening its grip: capital flow has turned positive, momentum has clawed back ground, and the daily chart shows a double bottom in the 494 area with a 6% rebound.
This week's summary
Lockheed Martin shares graze their 30-day high and get rejected: this week's technical analysis shows a 4.2% drop on dominant sell volume. Yet money flow stays positive and momentum flips back above zero — signals that clash with the price drop. The Sell signal, under management for 16 weeks, is still up more than 15%.
IQS Phase
50
ordinary
Signal Strength
36
decline starting to make lower lows
Sizing
REDUCED
Ranking
#30 / 137
US stocks
Trade P&L %
+15.04%
from signal to today
restricted Platinum content