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Archive
- 5/29/2026 -
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Martin Marietta Materials (MLM) Technical Analysis
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| Summary:
| | | Weekly : | | Daily : 
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| | It was a first positive week after 6 consecutive negative weeks for the Martin Marietta Materials (MLM). During the week, the MLM gained 45.16 points, or 8.42%, and closed at 581.64 on Friday, May 29, 2026. Weekly volume was 61% above average.
 Long-term trend: [See MLM long-term trend chart]
A long-term uptrend had started on April 9, 2025 at 441.90 and reached 710.97 on February 10, 2026. MLM gained -269.07 points, or -60.89%, in 43 weeks. The price is now at the 48.07% retracement level.
 Medium-term trend: [See MLM medium-term trend chart]
A medium-term downtrend had started on February 10, 2026 at 710.97 and reached 525.38 on May 19, 2026. MLM lost 185.59 points, or 26.10%, in 14 weeks. The price is now at the 30.31% retracement level.
 Weekly Technical Indicators: [See MLM weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since March 6, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
 Short-term trend: [See MLM short-term trend chart]
A short-term downtrend had started on April 14, 2026 at 638.25 and reached 525.38 on May 19, 2026. MLM lost 112.87 points, or 17.68%, in 35 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 555.16 and resistance is at 612.03. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See MLM daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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