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Uptrend Broken SupportArchive
- 9/26/2025 -
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Martin Marietta Materials (MLM) Technical Analysis
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| Summary:
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| | It was the negative week for the Martin Marietta Materials (MLM). During the week, the MLM gave back -4.83 points, or -0.78%, and closed at 613.74 on Friday, September 26, 2025. Weekly volume was -32% 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 172.24 and resistance is at 701.64. 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 632.26 on September 11, 2025. MLM gained -190.36 points, or -43.08%, in 22 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (642.58) is broken. A broken support is considered to be a long-term bearish 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 support in a medium-term trend.
 Weekly Technical Indicators: [See MLM weekly technical indicators chart]
Weekly Relative Strength Index and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and 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 links to access Lane's Stochastic and Relative Strength Index 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 September 11, 2025 at 632.26 and reached 600.00 on September 25, 2025. MLM lost 32.26 points, or 5.10%, in 14 days. The chart has formed a Falling Channel chart pattern. The trend support level is at 599.32 and resistance is at 624.49. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel 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 below its signal line since August 18, 2025. This is an indication that the short-term trend is down.
The price is close to the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (3.93%) is close to one year low (4.02%). It is 61.91% 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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