Lockheed Martin Corporation
Why it moved today
LMT fell 2.11% as broader defense sector weakness and macroeconomic pressure from the S&P 500 drop of 1.11% triggered profit-taking following a gap-down open.
LMT Price Trend
Data source: Yahoo Finance
High
$609.92
Low
$573.13
Change
+3.96%
Broader market decline dragging the S&P 500 down 1.11%.
For informational purposes only. Not investment advice.
A factual summary of how strongly today's price move is backed by trend, momentum, volume, and news - not a rating of the stock, a buy or sell signal, or a forecast. A sharp fall can score as high as a sharp rise. See the methodology.
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Lockheed Martin Corporation (LMT) lost 1.33% today, trading at $596.04 on the NYSE/NASDAQ. LMT fell 2.11% as broader defense sector weakness and macroeconomic pressure from the S&P 500 drop of 1.11% triggered profit-taking following a gap-down open. Key support sits at $573.13 with resistance near $608.09.
Broader market decline dragging the S&P 500 down 1.11%.
Broad market selling pressure compounded by bearish technical momentum drove systematic institutional liquidation throughout the session.
Technical MACD bearish indicator combined with an initial 5.2% gap-down open.
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