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Archive
- 7/24/2026 -
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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 -2.99 points, or -0.53%, and closed at 559.60 on Friday, July 24, 2026. Weekly volume was 15% above average.
 Long-term trend: [See MLM long-term trend chart]
A long-term uptrend had started on April 9, 2025 at 441.90 and reached 710.97 on February 10, 2026. MLM gained -269.07 points, or -60.89%, in 43 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 508.33 and resistance is at 634.46. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
 Medium-term trend: [See MLM medium-term trend chart]
A medium-term downtrend had started on February 10, 2026 at 710.97 and reached 525.38 on May 19, 2026. MLM lost 185.59 points, or 26.10%, in 14 weeks. The price is now at the 18.44% retracement level.
 Weekly Technical Indicators: [See MLM weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 link to access Williams' Percentage Range help.
The weekly MACD line is below its signal line since March 6, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. 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 June 25, 2026 at 642.18 and reached 539.96 on July 23, 2026. MLM lost 102.22 points, or 15.92%, in 28 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (540.43) 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 Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since June 30, 2026. 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.
During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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