Martin Marietta Materials, Inc. ($MLM): About To Explode? (2019-10-21)

REPORTING FOR 2019-10-21 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how MLM has been trading over the last 2 weeks and the past day especially. On its latest session, Martin Marietta Materials, Inc. ($MLM) opened at 265.95, reaching a high of 266.585 and a low of 263.18 before closing at a price of 265.78. There was a total volume of 465161.

VOLUME INDICATORS FOR MARTIN MARIETTA MATERIALS, INC. ($MLM): We saw an accumulation-distribution index of 3044.05439, an on-balance volume of 267.02, chaikin money flow of 9.72441 and a force index of 1.6356. There was an ease of movement rating of -0.03336, a volume-price trend of 23.53228 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR MARTIN MARIETTA MATERIALS, INC. ($MLM): We noted an average true range of 2.86967, bolinger bands of 270.45401, an upper bollinger band of 259.70599, lower bollinger band of 263.18, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 265.23833, high band keltner channel of 264.60333, low band keltner channel of 265.87333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 263.18, a donchian channel low band of 263.18, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR MARTIN MARIETTA MATERIALS, INC. ($MLM): We calculated a Moving Average Convergence Divergence (MACD) of 0.08526, a MACD signal of 0.04736, a MACD difference of 0.03789, a fast Exponential Moving Average (EMA) indicator of 263.18, a slow Exponential Moving Average (EMA) indicator of 263.18, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.05469, a trix of 5.05384, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -21.62725, a KST Oscillator (KST) of 89.5343 and a KST Oscillator (KST Signal) of 89.5343 (leaving a KST difference of 3.93289). We also found an Ichimoku rating of 266.2675, an Ichimoku B rating of 266.2675, a Ichimoku visual trend A of 249.40321, an Ichimoku visual trend B of 256.07844, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR MARTIN MARIETTA MATERIALS, INC. ($MLM): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 88.64626, a stochastic oscillator of 536.22047, a stochastic oscillator signal of 536.22047, a Williams %R rating of 436.22047 and an awesome oscillator of 0.36075.

RETURNS FOR MARTIN MARIETTA MATERIALS, INC. ($MLM): There was a daily return of 8.95343, a daily log return of 1.43355 and a cumulative return of 1.44388.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-21 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Martin Marietta Materials, Inc. ($MLM)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Martin Marietta Materials, Inc. ($MLM) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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