Martin Marietta (MLM) Downgrade Alert, Watch for 7.1% Technical Uptrend Reversal
Friday, March 19, 2010 - 09:13
Written on Fri, 03/19/2010 - 9:13am
By Chip Brian

Martin Marietta (NYSE:MLM) downgraded to Equal Weight from Overweight, $90 target, at Stephens. The stock closed yesterday at $87.45 on volume of 610,273 shares, above average daily volume of 563,751.
Martin Marietta Materials is currently above its 50-day moving average of $82.44 and above its 200-day moving average of $85.71.
SmarTrend is bullish on shares of MLM and our subscribers received an Uptrend alert on February 22, 2010 at $81.66, which has returned 7.1% to date.

Keywords: Stock Alerts price trends technical analysis charting uptrend downtrend stock charts

Ticker(s): MLM

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