By InvestMacro.com | #stocks #LMT #Lockheed
The Lockheed Martin Corporation (LMT) stock bucked the stock market down-trend for the day and finished the day with a gain of 1.01 percent. LMT closed the day around the 403.96 price level, according to unofficial data at the New York close.
Lockheed Martin, a US aerospace and defense company, opened the day trading at 398.56 with the high of the day being 404.67 and the low of the day touching 396.01.
LMT is currently trading below the 20-day moving average and just recently in late September fell below its 200-day moving average.
The Relative Strength Index, an indicator that can indicate overbought (above 70) and oversold levels (below 30), shows that the current RSI score is at 45.5 for a Bearish reading on the daily time-frame.
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The LMT has slid by -2.21 percent over the past 10 days while seeing a fall of -7.30 over the past 30 days. The 90-day change is -7.61 while the 180-day return and the 365-day return are 9.83 and 12.95, respectively.
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