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Archive - 7/11/2025 - 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 third consecutive positive week for the Martin Marietta Materials (MLM). During the week, the MLM climbed 4.11 points, or 0.74%, and closed at 562.00 on Friday, July 11, 2025. Weekly volume was -35% below average. MLM is a member of Materials Sector. Materials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
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 170.69 and resistance is at 686.18. 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 571.10 on July 10, 2025. MLM gained -129.20 points, or -29.24%, in 13 weeks. The price is now at the 7.04% retracement level.
Weekly Technical Indicators: [See MLM weekly technical indicators chart] Weekly Relative Strength Index is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index 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 Relative Strength Index 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. 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 June 26, 2025 at 532.81 and reached 571.10 on July 10, 2025. MLM gained -38.29 points, or -7.19%, in 14 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See MLM daily technical indicators chart] Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since June 30, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
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