Technical Watch for Martin Marietta Materials, Inc. (NYSE: MLM): 20 days Upper Keltner Level Hits 228.41548



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By expanding the technical focus of Martin Marietta Materials, Inc. (NYSE: MLM), we find that Keltner Channels' top 20-day band is 228.41548 and that the lower 20-day band is of 222.79292. The Keltner Channels indicator is similar to Bollinger Bands and Moving Envelopes.

Many traders will seek to optimize trading by using a variety of technical indicators. The Ichimoku Cloud indicator is very flexible and is usually used in conjunction with the RSI to help confirm momentum and overall trends. Let's focus on some Ichimoku readings on shares of Martin Marietta Materials, Inc. (NYSE: MLM):

Ichimoku Cloud Baseline: 222.625
Ichimoku Cloud Conversion Line: 225.5
Ichimoku Lead 1: 226.27875
Ichimoku Lead 2: 223.1675

Traders following shares of Martin Marietta Materials, Inc. (NYSE: MLM) may have noted that the most recently closed stock at 226, 82. Returning a full year, the stock saw a change of 1.5900031 on this stretch. By focusing on more recent stocks, stocks have moved -0.2989011 during the last week. During the previous month, the stock has changed -1.3654549. Over the past three months, the stock has changed 15.653682

There are several moving average indicators that traders can rely on when they perform stock searches. One of the most popular is the simple moving average. The ADM is unweighted, which means that each period in the dataset is weighted equally. Looking at some SMA levels, we can see that the day is 225.93295, the day is 225.34348, and the 30 day is 224.69565. Following other periods, we note that the SMA at 50 days is 226.48508, the 100 days at 221.9426 and the SMA at 200 days at 212.81004.

Tracking of a few stock pivot points for a month Martin Marietta Materials, Inc. (NYSE: MLM) we note that the Clbadic Pivot is 225.53667, the Clbadical Resistor 1 is 230.90334, and the Clbadic Hold 1 is currently 222.07333. The one-month Fibonacci pivot is 225.53667 while the Fibonacci support pivot 1 is 222.1636 and the Fibonacci support 2 is 220.07973. Looking at a Woodie pivot month, we note the level at 226.5525. The Woodie 1 support pivot is 224.105 and the Woodie Resistance 1 pivot is 232.935

Traders focusing on technical badysis may be interested in following the Awesome Oscillator level. Currently, the reading is 1.1192102. Generally, when the Awesome Oscillator moves above the zero line, this indicates that the short-term momentum is increasing faster than the long-term momentum. A cross below the zero line would indicate that the short-term momentum is decreasing faster than the long-term momentum.

Monitoring the moving average of the hull, we note that the current level is 226.07481. The Hull Moving Average was introduced by Alan Hull. Swing traders often use this indicator in combination with other signals to help identify possible entry and exit points.

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