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Construction Materials Industry Stocks Technical Analysis - MLMArchive - 6/27/2025 - Sign In to see current Signals. |
Martin Marietta Materials (MLM) Technical Analysis
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| Summary:
| | Weekly : | | Daily :     Move cursor over the icon to see details.
| | It was a first positive week for the Martin Marietta Materials (MLM). During the week, the MLM gained 11.83 points, or 2.20%, and closed at 550.05 on Friday, June 27, 2025. MLM was trading at average weekly trading volume.
Long-term trend: [See MLM long-term trend chart] A long-term uptrend had started on November 21, 2008 at 58.62 and reached 633.20 on November 6, 2024. MLM gained -574.58 points, or -980.18%, in 832 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 170.43 and resistance is at 683.61. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See MLM medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 441.90 and reached 569.81 on May 27, 2025. MLM gained -127.91 points, or -28.95%, in 6 weeks. The price is now at the 15.45% retracement level.
Weekly Technical Indicators: [See MLM weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is above its signal line since April 25, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See MLM short-term trend chart] A short-term downtrend had started on May 27, 2025 at 569.81 and reached 532.81 on June 26, 2025. MLM lost 37.00 points, or 6.49%, in 30 days. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (532.75) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See MLM daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. The daily MACD line is below its signal line since May 27, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. A Parabolic SAR (stop and reversal) indicator (551.4) comes close to the price (550.05). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (4.23%) is close to one year low (5.91%). It is 62.93% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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