MLM
The Chart of the Day is Martin Marietta Materials (MLM).  I found the building materials stock by using Barchart to sort today's All Time Highlist first for the most frequent new highs in the last month, then again for technical buy signals of 80% of more.  Next I used the Flipchart feature to review the charts for consistency.  Since the Trend Spotter signaled a buy on 2/12 the stock gained 40.15%.

Martin Marietta Materials producer of aggregates for the construction industry, including highways, infrastructure, commercial and residential. The company also manufactures and markets magnesia-based products, including heat-resistant refractory products for the steel industry, chemicals products for industrial, agricultural and environmental uses, and dolomitic lime.



The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

Fundamental factors:
The 100 day moving average vs. the price has been a reliable trading strategy for this stock.