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Archive
- 5/23/2025 -
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Martin Marietta Materials (MLM) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Martin Marietta Materials (MLM). During the week, the MLM gave back -2.36 points, or -0.42%, and closed at 561.72 on Friday, May 23, 2025. Weekly volume was -7% below average.
 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 169.77 and resistance is at 677.02. 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 569.34 on May 19, 2025. MLM gained -127.44 points, or -28.84%, in 5 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (559.35) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
 Weekly Technical Indicators: [See MLM weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. 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 links to access Lane's Stochastic and Williams' Percentage Range 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. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.
 Short-term trend: [See MLM short-term trend chart]
A short-term uptrend had started on May 22, 2025 at 556.27 and reached 564.58 on May 23, 2025. MLM gained -8.31 points, or -1.49%, in 1 days. The price is now at the 34.42% retracement level.
 Daily Technical Indicators: [See MLM daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic.
The daily MACD line is above its signal line since April 9, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Materials |
7 |
| Industry |
Construction Materials |
121 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
556.27 |
| Low Date |
05/22/2025 |
| High |
564.58 |
| High Date |
05/23/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
556.27 |
| Low Date |
05/22/2025 |
| High |
564.58 |
| High Date |
05/23/2025 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Test Support |
| Resistance |
588.14 |
| Support |
559.35 |
| Low |
441.90 |
| Low Date |
04/09/2025 |
| High |
569.34 |
| High Date |
05/19/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
633.20 |
| High Date |
11/06/2024 |
| Low |
441.90 |
| Low Date |
04/09/2025 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
677.02 |
| Support |
169.77 |
| Low |
58.62 |
| Low Date |
11/21/2008 |
| High |
633.20 |
| High Date |
11/06/2024 |
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