Lockheed Martin's most recent trend suggests a bearish bias. One trading opportunity on Lockheed Martin is a Bear Call Spread using a strike $165.00 short call and a strike $175.00 long call offers a potential 5.26% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $165.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $9.50 would be incurred if the stock rose above the $175.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Lockheed Martin is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Lockheed Martin is bearish.
The RSI indicator is at 24.92 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lockheed Martin
U.S. Army delays decision on General Dynamics vehicle protest
Mon, 24 Mar 2014 22:55:23 GMT
Reuters – The U.S. Army said on Monday that it would delay until April 4 making a ruling on a protest filed by General Dynamics Corp about a new competition for armored vehicles. General Dynamics filed a protest with the Army on Feb. 14, arguing that the Army's rules for a competition to replace nearly 2,900 Vietnam-era M113 infantry carriers were skewed to favor BAE Systems Plc's Bradley Fighting Vehicle. The company is also pressing U.S. lawmakers to intervene in the Army's Armed Multi-purpose Vehicle (AMPV) competition and to mandate that a mixed fleet includes a version of both BAE's Bradleys and General Dynamics' wheeled Stryker vehicles. General Dynamics spokesman Pete Keating said the Army told his company it needed more time given “the complexity of the issues involved in the protest.”
Lockheed's F-35 gets S.Korea nod, but momentum slower than hoped
Mon, 24 Mar 2014 22:20:34 GMT
Reuters – UK Focus – South Korea on Monday became the 10th country to choose Lockheed Martin Corp.'s F-35 fighter jet to replace aging warplanes, a boost for the Pentagon's biggest weapons program at a time when Italy, Canada and other countries are rethinking their procurement plans. Lockheed executives hope to reel in a large number of foreign orders this year to offset budget-driven delays in U.S. purchases, but sales have proven elusive. The international orders are not coming in as fast as we hoped,” Steve O'Bryan, Lockheed vice president and the company's main international F-35 salesman, told Reuters. The Pentagon estimates it will spend $392 billion to develop the jet and buy 2,443 planes over the coming decades.
Lockheed's F-35 gets S.Korea nod, but momentum slower than hoped
Mon, 24 Mar 2014 22:20:34 GMT
Reuters – South Korea on Monday became the 10th country to choose Lockheed Martin Corp.'s F-35 fighter jet to replace aging warplanes, a boost for the Pentagon's biggest weapons program at a time when Italy, Canada and other countries are rethinking their procurement plans. Lockheed executives hope to reel in a large number of foreign orders this year to offset budget-driven delays in U.S. purchases, but sales have proven elusive. The international orders are not coming in as fast as we hoped,” Steve O'Bryan, Lockheed vice president and the company's main international F-35 salesman, told Reuters. News that South Korea expects to spend 7.34 trillion won ($6.79 billion) for 40 F-35s is a plus for Lockheed, said Richard Aboulafia, aerospace analyst with the Virginia-based Teal Group, but the company needs more orders to help drive down the unit cost of the new warplanes.
Lockheed Wins South Korean $6.79B Deal
Mon, 24 Mar 2014 22:20:04 GMT
Lockheed's F-35 gets South Korea nod, but momentum slower than hoped
Mon, 24 Mar 2014 22:01:48 GMT
Reuters – South Korea on Monday became the 10th country to choose Lockheed Martin Corp.'s (LMT) F-35 fighter jet to replace aging warplanes, a boost for the Pentagon's biggest weapons program at a time when Italy, Canada and other countries are rethinking their procurement plans. Lockheed executives hope to reel in a large number of foreign orders this year to offset budget-driven delays in U.S. purchases, but sales have proven elusive. The international orders are not coming in as fast as we hoped,” Steve O'Bryan, Lockheed vice president and the company's main international F-35 salesman, told Reuters. News that South Korea expects to spend 7.34 trillion won ($6.79 billion) for 40 F-35s is a plus for Lockheed, said Richard Aboulafia, aerospace analyst with the Virginia-based Teal Group, but the company needs more orders to help drive down the unit cost of the new warplanes.
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