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Takip Edin: @UscMarketsMLM Stock Forecast & Martin Marietta Materials Chart Analysis
This article provides a detailed analysis of MLM-Martin Marietta Materials stock including a forecast for MLM shares. It features Martin Marietta Materials, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
MLM Historical Data Review
MLM Current Price Performance Analysis
The Martin Marietta Materials - MLM stock traded on the American stock market, on 06-05-2024, closed at 558.88$ with a %0.55 increased compared to the previous day.
In the last month, the price of MLM changed by %-6.82 decreased in value, from 599.79 dollars on 05-06-2024 to 558.88 dollars, decreased.
Last year, the price of MLM was 418.1 dollars on 06-06-2023, and changed by %33.67 increased in value, to 558.88 dollars increased within a year.
The price of Martin Marietta Materials stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
MLM with AI Stock Forecast & Price Target
On the MLM chart Martin Marietta Materials price was recorded as 558.88 Dollars on 06/05/2024.
The artificial intelligence's forecast on MLM stock is as follows.
The artificial intelligence's prediction error margin for MLM stock is moderately high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Martin Marietta Materials stock over the next 4 months is: 628.0 Dollars.
The commentary on MLM stock Target Price: Highest: 683.353 Dollars is predicted.
The commentary on MLM stock Target Price: Lowest: 544.025 Dollars is predicted.
Resistance Price where Martin Marietta Materials stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-05-2024 | 590.292 |
| 12-02-2024 | 683.353 |
| 01-31-2025 | 673.789 |
Support Price where Martin Marietta Materials stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 544.025 |
| 01-06-2025 | 660.670 |
| 03-27-2025 | 644.969 |
The commentary on MLM stock: Fluctuations in the target price can be expected in the coming days.
The target price for Martin Marietta Materials stock by the end of 2024 is predicted to be 661.471 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on MLM stock, and the 2024 target price predictions for Martin Marietta Materials are detailed above.
The technical analysis and charts for the commentary on MLM stock are below.
MLM Support & Resistance and Trend Analysis
MLM stock you have reviewed the technical analysis support resistance charts regarding.
MLM : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the MLM review, the Martin Marietta Materials support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Martin Marietta Materials Support and Resistance Prices:
| MLM Support Level Price | MLM Resistance Level Price |
|---|---|
| 451.37 | 472.09 |
| 456.83 | 495.27 |
| 479.67 | 500.94 |
| 489.90 | 522.21 |
| 572.57 | 613.57 |
| 576.40 | 615.97 |
| 587.67 | 616.50 |
| 590.40 | 617.08 |
| 593.42 | 626.67 |
MLM Technical Analysis: SMA, RSI, MACD
Upon reviewing the MLM chart, buy and sell signals have been generated in the Martin Marietta Materials technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for MLM stock are as follows:- MLM technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Martin Marietta Materials gave a 'Buy' signal when the RSI was at 29.215, with the current RSI value at 21.075.
- The technical analysis for Martin Marietta Materials indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Martin Marietta Materials stock: Click here to read more predictions on CaixaBank stock.
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