In the latest trading session, Lockheed Martin (LMT) closed at $371.13, marking a +0.02% move from the previous day.
Lockheed's (LMT) Q3 sales performance is expected to have been solid. Earnings might have been hit by charges related to performance issues faced by a few programs.
The defense contractor Lockheed Martin has been making a multi-month triangle formation since early 2020. Prices have bounced off the lower uptrend line in September so a dive into the charts could be timely.