Buy signal, week 5
Lockheed Martin closes flat (+0.0%) as a bearish engulfing bar forms
Our view last week
Lockheed Martin stock dropped 7.4% this week, with sellers firmly in control of the last bar and buyer dominance collapsing: the stock slides from its recent-highs zone back down toward its 50-day moving average. Price closed below the breakeven stop flagged in last week's card (582.6 area): for anyone following that level the trade is closed.
This week's summary
After last week's 7.4% drop, which pushed Lockheed Martin below the breakeven stop flagged at the time, the stock stalled this week: a flat close, but the daily chart printed a bearish engulfing bar, with sellers still running the tape. The buy signal, now in its 5th week, is showing signs of fading — signal strength slips to 55 out of 100, IQS stays ordinary at 58. Lockheed Martin stock is still well below its all-time high, with wide room to run if the picture turns.
IQS Phase
58
ordinary
Signal Strength
55
medium
Sizing
STANDARD
Ranking
#84 / 175
US stocks in progress
Trade P&L %
-3.22%
from signal to date, no stop loss
Rank position
ranks 84th among the 175 Longs already running for US stocks in our ranking, with a signal strength of 55 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +1.30% · monthly +11.48%
LMT belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
restricted Platinum content