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Archive - 1/16/2026 - 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 the negative week for the Martin Marietta Materials (MLM). During the week, the MLM dropped -15.01 points, or -2.25%, and closed at 651.66 on Friday, January 16, 2026. Weekly volume was 12% above average. MLM is a member of Materials Sector. Materials is the 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 April 9, 2025 at 441.90 and reached 668.83 on January 12, 2026. MLM gained -226.93 points, or -51.35%, in 39 weeks. The price is now at the 7.57% retracement level.
Medium-term trend: [See MLM medium-term trend chart] A medium-term uptrend had started on November 18, 2025 at 585.00 and reached 668.83 on January 12, 2026. MLM gained -83.83 points, or -14.33%, in 7 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend resistance line (653.93). The resistance is usually stronger when technical indicators are overbought. 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 resistance line in a medium-term trend.
Weekly Technical Indicators: [See MLM weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 January 2, 2026 at 617.08 and reached 668.83 on January 12, 2026. MLM gained -51.75 points, or -8.39%, in 10 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 621.53 and resistance is at 693.93. 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 short-term trend.
Daily Technical Indicators: [See MLM daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since January 8, 2026. 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. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. 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.
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