SmarTrend's Trend Spotter See Continued Upward Momentum on Shares of Lockheed Martin (LMT)
Tuesday, March 9, 2010 - 11:52
Written on Tue, 03/09/2010 - 11:52am
By Chip Brian

SmarTrend identified an Uptrend for Lockheed Martin (NYSE:LMT) on November 09, 2009 at $74.71. In approximately 4 months, Lockheed Martin has returned 9% as of today's recent price of $81.43.
Lockheed Martin is currently above its 50-day moving average of $76.55 and above its 200-day moving average of $76.94. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Lockheed Martin shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): LMT

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