ALTRIA GROUP INC (1MO.MI) Stock Technical Analysis
BIT:1MO - Euronext Milan - US02209S1033 - Common Stock - Currency: EUR
Taking everything into account, 1MO scores 4 out of 10 in our technical rating. 1MO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, 1MO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 50.22, a Stop Loss order could be placed below this zone.
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49.29
When analyzing the support we notice one important area.
- A support zone ranging from 49.79 to 50.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @53.98 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 1MO.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1MO.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 1MO.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 1MO.MI is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 61.21 | NEUTRAL | The RSI value for 1MO.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.46 | NEGATIVE | The MACD value suggests 1MO.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.35 | NEUTRAL | The Stochastics value for 1MO.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for 1MO.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 37.39 | POSITIVE | The high ADX value value for 1MO.MI suggests a strong trend. |
BIT:1MO (5/22/2025, 7:00:00 PM)
52.32
+1.01 (+1.97%)