Lockheed Martin Corporation’s stock price (LMT) rose cautiously in latest intraday trading, supported by positive signals streaming from the Stochastic. With this uptick, the price has encountered resistance at the 50‑day SMA, while the main downward trend dominates in the medium term and the stock continues to trade alongside a descending trend line.

Therefore we expect the stock to decline in upcoming trading, as long as the resistance of $479.70 holds on, targeting the first support level at $445.00.

Today’s price forecast: Bearish

The price of (ETHUSD) rose in its recent intraday levels, to reach our morning target at $3,080 resistance, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI),  after its success in offloading its overbought conditions, opening the way for achieving more of the gains.

The price of (BTCUSD) declined from its historical high in the intraday levels, gathering the gains of its previous rises, to attempt to offload some of its clear overbought conditions on the (RSI), especially with the beginning of negative overlapping signals, gathering positive strength that might assist it to begin strong rally, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.

The price of (Brent) rose in its last intraday levels, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above EMA50, to settle above the key resistance at $70.00, to confirm breaching it which reinforces the price momentum to continue the rise, with the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, which might decelerate its upcoming gains.