Technical Analysis for MLM - Martin Marietta Materials, Inc.

Grade Last Price % Change Price Change
C 583.10 0.40% 2.35
MLM closed up 0.4 percent on Monday, May 20, 2024, on approximately normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Stochastic Reached Oversold Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Centerline Cross Bearish 0.40%
Earnings Movers Other 0.40%
Fell Below 20 DMA Bearish 0.24%
Fell Below 50 DMA Bearish 0.24%
MACD Bearish Signal Line Cross Bearish 0.24%
Expansion Pivot Sell Setup Bearish Swing Setup 0.24%

   Recent Intraday Alerts

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Martin Marietta Materials, Inc. Description

Martin Marietta Materials, Inc., together with its subsidiaries, engages in the production and sale of aggregates for the construction industry primarily in the United States, Canada, the Bahamas, and the Caribbean Islands. The company operates in four segments: Mideast Group, Southeast Group, West Group, and Specialty Products. It mines, processes, and sells granite, limestone, sand, gravel, and other aggregate products for use in the public infrastructure, and nonresidential and residential construction industries, as well as in the agriculture, railroad ballast, chemical, and other applications. The company also offers asphalt, ready mixed concrete, and road paving materials. In addition, it manufactures and markets magnesia-based chemical products for the industrial, agricultural, and environmental applications; and dolomitic lime primarily for use in the steel industry. These chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. Martin Marietta Materials, Inc. was founded in 1993 and is based in Raleigh, North Carolina.


Classification

Sector: Basic Materials
Industry: Building Materials
Keywords: S&P 500 Chemical Building Materials Chemical Product Wastewater Treatment Mineral Construction Industry Gravel Limestone Flame Retardant Steel Industry Lime Public Infrastructure Environmental Applications

Is MLM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 626.67
52 Week Low 388.5032
Average Volume 420,028
200-Day Moving Average 502.72
50-Day Moving Average 600.48
20-Day Moving Average 596.56
10-Day Moving Average 598.15
Average True Range 12.53
RSI (14) 42.20
ADX 17.72
+DI 17.35
-DI 30.15
Chandelier Exit (Long, 3 ATRs) 578.39
Chandelier Exit (Short, 3 ATRs) 610.15
Upper Bollinger Bands 615.10
Lower Bollinger Band 578.01
Percent B (%b) 0.14
BandWidth 6.22
MACD Line -1.35
MACD Signal Line 0.63
MACD Histogram -1.9763
Fundamentals Value
Market Cap 36.04 Billion
Num Shares 61.8 Million
EPS 17.73
Price-to-Earnings (P/E) Ratio 32.89
Price-to-Sales 5.29
Price-to-Book 4.18
PEG Ratio 2.67
Dividend 2.72
Dividend Yield 0.47%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 595.65
Resistance 3 (R3) 594.57 589.31 593.56
Resistance 2 (R2) 589.31 586.12 589.85 592.86
Resistance 1 (R1) 586.21 584.14 587.76 587.28 592.16
Pivot Point 580.95 580.95 581.73 581.49 580.95
Support 1 (S1) 577.84 577.75 579.40 578.92 574.04
Support 2 (S2) 572.58 575.78 573.12 573.34
Support 3 (S3) 569.48 572.58 572.64
Support 4 (S4) 570.55