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

Auto-detected technical analysis for LMT · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$589.33last close · Aug 4, 202652-week range $419.00 – $692.00 · 14.84% below the high

LMT Rising Wedge Pattern

LMT is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $607.95 (−9.1%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; LMT's own rising wedges have hit 56.3%.

DirectionBearishTarget$607.95Projected move−9.1%Breakout level$662.05

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 10, 2026 near $657.95, then reached its target at $607.95 on Mar 24, 2026 — a +1.47R move (7.6%) over 10 sessions. Across 168 backtested rising wedges, this setup wins 54.2% of the time.

OutcomeWinResult+1.47REntry$657.95Exit$607.95

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
LMT win rate
56.3%

Historical pattern statistics (2006-08-04 – 2026-08-04), 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 10, 2026 @ $657.95Mar 24, 2026 @ $607.95Win+1.47R
TriangleJul 14, 2025 @ $470.00Jul 22, 2025 @ $410.74Loss-3.20R
TriangleJun 24, 2025 @ $467.60Jul 22, 2025 @ $420.32Win+2.28R
Falling WedgeJun 13, 2025 @ $480.09Jul 22, 2025 @ $410.74Loss-1.89R
TriangleMay 30, 2025 @ $480.77Jun 11, 2025 @ $456.60Loss-1.56R
TriangleMay 20, 2025 @ $476.13Jul 22, 2025 @ $410.74Loss-2.10R
Rising WedgeJul 23, 2024 @ $488.84Aug 21, 2024 @ $553.76Win+1.98R
TriangleJul 17, 2024 @ $471.93Aug 21, 2024 @ $553.76Win+5.17R
TriangleJul 5, 2024 @ $462.60Jul 17, 2024 @ $476.07Loss-1.03R
TriangleMay 23, 2024 @ $467.26May 31, 2024 @ $470.34Loss-1.17R
Rising WedgeJul 27, 2023 @ $451.50Sep 6, 2023 @ $433.26Win+0.65R
Rising WedgeJul 17, 2023 @ $468.84Jul 31, 2023 @ $446.37Loss-1.01R

LMT Support and Resistance Levels

Price found a floor near $495.53 about 2 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $648.78 — still about 10% away.

  • Traders commonly watch $648.78 as a target (its 78.6% 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 $495.53 floor about 2 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $503.43, resistance near $678.54. These are chart/swing-derived levels, not formula pivots.

Resistance
$678.54$1,018.20
Support
$503.43$501.44$496.51$490.05$424.30

LMT Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$587.19$592.50$578.30$589.33
Aug 3, 2026$583.50$589.41$579.03$586.29
Jul 31, 2026$574.11$583.89$570.89$582.74
Jul 30, 2026$565.76$574.76$556.55$574.11
Jul 29, 2026$585.00$587.00$568.74$569.20
Jul 28, 2026$589.00$593.77$576.73$581.31
Jul 27, 2026$581.88$587.99$578.00$580.00
Jul 24, 2026$568.59$588.41$568.59$582.60
Jul 23, 2026$545.00$576.00$545.00$568.59
Jul 22, 2026$515.79$521.00$512.00$514.36

LMT Frequently Asked Questions

What chart pattern is LMT forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Lockheed Martin (LMT) on the daily chart, with a measured-move target of $607.95.
Is a rising wedge bullish or bearish?
The rising wedge detected on LMT is a bearish pattern, projecting a measured-move target of $607.95. 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 (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for LMT?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), LMT's nearest support is around $503.43 and nearest resistance around $678.54.
What is the price target if LMT's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $607.95 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was LMT's closing price on Aug 4, 2026?
Lockheed Martin (LMT) last closed at $589.33 on Aug 4, 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.