Stock Trend Analysis Report
Prepared for you on Wednesday, August 22, 2018.
MARTIN MARIETTA (NYSE:MLM)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MLM
The long term trend has been UP since Jun 4th, 2018 at 227.48
The intermediate term trend has been DOWN since Jun 26th, 2018 at 221.25
The short term trend has been UP since Aug 16th, 2018 at 203.95
Smart Scan Analysis for MLM
Based on a pre-defined weighted trend formula for chart analysis, MLM scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||241.33||Year High Date||2018-01-26|
|Year Low||189.265||Year Low Date||2018-05-01|
|52wk High||241.33||52wk High Date||2018-01-26|
|52wk Low||189.265||52wk Low Date||2018-05-01|
|Year End Close||94.28||Average Volume||881,707|
|Shares Outstanding||45,909||Short Interest||6,063,097|