Lockheed Martin's most recent trend suggests a bullish bias. One trading opportunity on Lockheed Martin is a Bull Put Spread using a strike $440.00 short put and a strike $430.00 long put offers a potential 35.14% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $440.00 by expiration. The full premium credit of $2.60 would be kept by the premium seller. The risk of $7.40 would be incurred if the stock dropped below the $430.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Lockheed Martin is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Lockheed Martin is bullish.
The RSI indicator is at 76.96 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lockheed Martin
UPDATE 2-Lockheed Martin to invest $1 bln in manufacturing in Saudi Arabia
Tue, 08 Mar 2022 09:13:17 +0000
Lockheed Martin will invest more than $1 billion in manufacturing in Saudi Arabia, a senior executive said on Tuesday, as the kingdom looks to use its clout as a major arms buyer to help diversify its economy away from oil. Ray Piselli, Lockheed's vice president of international business, told broadcaster Asharq Business the funds would support efforts by Saudi Arabia's military industry regulator GAMI and state-owned defence firm SAMI to boost local industry.
The Zacks Analyst Blog Highlights Intel, Lockheed Martin, International Business Machines, Berkshire Hathaway and Infosys
Mon, 07 Mar 2022 17:38:05 +0000
Intel, Lockheed Martin, International Business Machines, Berkshire Hathaway and Infosys are included in this blog.
Wells Fargo Raises Price Target On Several Aerospace & Defense Companies
Mon, 07 Mar 2022 15:41:17 +0000
Wells Fargo analyst Matthew Akers raises the price target of four Aerospace & Defense companies. The analyst believes the valuation is likely to remain high on elevated tensions for some time to come. General Dynamics Corp's (NYSE: GD) price target raised to 2 (an upside of 11%) from $235 and maintained an Overweight rating on the shares. L3Harris Technologies Inc (NYSE: LHX) price target raised to 1 (an upside of 5.5%)from $240 and maintained an Overweight rating on the shares. Northrop Grumman
Lockheed (LMT) Wins $870M Deal to Modify F-35 Aircraft
Mon, 07 Mar 2022 15:06:03 +0000
Lockheed (LMT) will integrate mission and weapon systems capability development, including flight-test hardware, through system functional review to complete development tests on the F-35 aircraft.
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