Sell signal under management, week 17
Lockheed Martin drops 2.8% as money flow keeps contradicting the decline
Sell signal under management, week 17
Our view last week
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%.
This week's summary
Lockheed Martin shares shed another 2.8% on even heavier sell volume, 94% of the tape. Yet money flow stays firmly positive for a fourth straight week and momentum has never dipped back below zero: last week's contradiction is widening. On the daily chart, meanwhile, a clean double bottom has formed in the 494 area, with a 6% intermediate bounce. The Sell signal, under management for 17 weeks, is still up more than 17%.
IQS Phase
71
in tension
Signal Strength
60
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#53 / 140
US stocks
Trade P&L %
+17.39%
from signal to today
restricted Platinum content