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Lockheed Martin Crosses Above its 10-day MA (LMT)

By Amy Schwartz

Today, shares of Lockheed Martin (NYSE:LMT) have crossed bullishly above their 10-day moving average of $226.67 on a volume of 538K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Lockheed Martin have traded between a low of $181.91 and a high of $231.17 and are now at $229.60, which is 26% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.4%.

SmarTrend is tracking the current trend status for Lockheed Martin and will alert subscribers who have LMT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Lockheed Martin

Ticker(s): LMT