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Uptrend Call Working As Martin Mar Mtls Stock Rises 46.5% (MLM)

By David Diaz

SmarTrend identified an Uptrend for Martin Mar Mtls (NYSE:MLM) on January 8th, 2019 at $178.83. In approximately 8 months, Martin Mar Mtls has returned 46.51% as of today's recent price of $262.00.

Over the past year, Martin Mar Mtls has traded in a range of $150.75 to $264.39 and is now at $262.00, 74% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.2%.

Martin Marietta Materials, Inc. produces aggregates for the construction industry, including highways, infrastructure, commercial, and residential. The Company also manufactures and markets magnesia-based products, including heat-resistant refractory products for the steel industry, chemical products for industrial and environmental uses, and dolomitic lime.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Martin Mar Mtls shares.

Log in and add Martin Mar Mtls (MLM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights martin mar mtls

Ticker(s): MLM