Martin Marietta Materials, Inc. ($MLM): The Good, The Bad, The Ugly (2019-11-18)

REPORTING FOR 2019-11-18 | 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 262.57, reaching a high of 263.7 and a low of 260.05 before closing at a price of 260.43. There was a total volume of 362812.

VOLUME INDICATORS FOR MARTIN MARIETTA MATERIALS, INC. ($MLM): We saw an accumulation-distribution index of 1775.12893, an on-balance volume of -261.44, chaikin money flow of 5.46018 and a force index of 22.8. There was an ease of movement rating of 0.05771, a volume-price trend of 10.8456 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR MARTIN MARIETTA MATERIALS, INC. ($MLM): We noted an average true range of 3.11124, bolinger bands of 263.0669, an upper bollinger band of 253.7331, lower bollinger band of 260.05, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 262.10667, high band keltner channel of 260.97667, low band keltner channel of 263.23667, 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 260.05, a donchian channel low band of 260.05, 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 -0.07404, a MACD signal of -0.04113, a MACD difference of -0.03291, a fast Exponential Moving Average (EMA) indicator of 260.05, a slow Exponential Moving Average (EMA) indicator of 260.05, 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 0.34088, a trix of 1.82665, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -10.60831, a KST Oscillator (KST) of 42.52819 and a KST Oscillator (KST Signal) of 42.52819 (leaving a KST difference of -3.30739). We also found an Ichimoku rating of 263.135, an Ichimoku B rating of 263.135, a Ichimoku visual trend A of 256.58672, an Ichimoku visual trend B of 260.332, 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 80.80483, a stochastic oscillator of 323.00885, a stochastic oscillator signal of 323.00885, a Williams %R rating of 223.00885 and an awesome oscillator of -0.89867.

RETURNS FOR MARTIN MARIETTA MATERIALS, INC. ($MLM): There was a daily return of 4.25282, a daily log return of -1.27711 and a cumulative return of -1.26899.

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 2019-11-18 (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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