Lockheed Martin(LMT)

Lockheed Martin (LMT) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for LMT · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$514.36last close · Jul 22, 202652-week range $410.11$692.00 · 25.67% below the high

LMT Rising Wedge Pattern

LMT is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $611.97 (−9.4%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; LMT's own rising wedges have hit 50.0%.

DirectionBearishTarget$611.97Projected move−9.4%Breakout level$667.42

New to this pattern? What a rising wedge is and how to trade it →

LMT's Most Recent Rising Wedge Trade

LMT's most recent completed rising wedge resolved as a win: it broke down on Mar 9, 2026 near $661.02, then reached its target at $611.97 on Mar 23, 2026 — a 7.4% move (+1.58R) over 10 sessions. Across 120 backtested rising wedges, this setup wins 62.5% of the time.

OutcomeWinResult+7.4%R+1.58REntry$661.02Exit$611.97

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
LMT win rate
50.0%

Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.

How these backtests work →

LMT Pattern Trade History

Every completed pattern trade our nightly backtest found on LMT's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeMar 9, 2026 @ $661.02Mar 23, 2026 @ $611.97Win+9.4% · +1.58R
Falling WedgeDec 10, 2025 @ $471.43Feb 4, 2026 @ $602.76Win+9.3% · +3.84R
TriangleJul 14, 2025 @ $470.00Jul 22, 2025 @ $410.74Loss+7.8% · -3.20R
TriangleJun 24, 2025 @ $467.60Jul 22, 2025 @ $418.02Win+11.7% · +2.39R
TriangleMay 30, 2025 @ $480.86Jun 11, 2025 @ $456.60Loss+13.9% · -1.56R
TriangleMay 20, 2025 @ $472.77Jul 22, 2025 @ $410.74Loss+14.2% · -2.24R
TriangleJul 17, 2024 @ $471.93Aug 21, 2024 @ $553.76Win+4.0% · +5.17R
TriangleJul 5, 2024 @ $462.60Jul 17, 2024 @ $476.07Loss+4.2% · -1.03R
TriangleMay 23, 2024 @ $467.26May 31, 2024 @ $470.34Loss+4.5% · -1.17R
TriangleAug 4, 2023 @ $446.32Sep 6, 2023 @ $428.98Win+4.3% · +0.52R
TriangleJul 18, 2023 @ $459.83Aug 16, 2023 @ $442.63Win+4.3% · +2.34R
Falling WedgeMay 23, 2022 @ $434.94Jun 14, 2022 @ $416.17Loss+7.1% · -1.06R

Rising Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about rising wedge

LMT Support and Resistance Levels

Price is bouncing off a floor near $493.69 and starting to climb. On the weekly chart, the next ceiling overhead sits near $896.85 — about 74% away.

  • Traders commonly watch $896.85 as a target (its 200% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $493.69 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

LMT Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$515.79$521.00$512.00$514.36
Jul 21, 2026$501.00$507.75$487.15$507.09
Jul 20, 2026$510.63$515.84$507.74$509.54
Jul 17, 2026$519.00$527.33$507.68$508.77
Jul 16, 2026$515.00$520.13$511.31$513.52
Jul 15, 2026$514.83$520.68$512.78$514.46
Jul 14, 2026$518.36$526.26$514.87$514.99
Jul 13, 2026$525.01$527.45$517.26$520.68
Jul 10, 2026$516.42$524.00$513.81$523.22
Jul 9, 2026$522.50$525.01$515.55$518.26

LMT Frequently Asked Questions

What chart pattern is LMT forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Lockheed Martin (LMT) on the daily chart, with a measured-move target of $611.97.
Is a rising wedge bullish or bearish?
The rising wedge detected on LMT is a bearish pattern, projecting a measured-move target of $611.97. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.
What is the price target if LMT's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $611.97 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was LMT's closing price on Jul 22, 2026?
Lockheed Martin (LMT) last closed at $514.36 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.