ALTRIA GROUP INC (MO) Stock Technical Analysis
NYSE:MO • US02209S1033
Overall MO gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MO is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, MO did better than 75% of all other stocks.
- MO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month MO has a been trading in the 59.41 - 68.25 range, which is quite wide. It is currently trading near the high of this range.
- MO has an average volume of 10385900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- MO is an average performer in the Tobacco industry, it outperforms 57% of 8 stocks in the same industry.
MO has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
55.77
We found 4 important support areas.
- A support zone ranging from 64.68 to 64.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 59.76 to 59.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 58.56 to 58.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.33 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 67.67 to 67.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MO is up. |
| ChartMill Relative Strength | 75.93 | POSITIVE | MO has a high relative strength, it outperformed 75.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.69 | NEUTRAL | The RSI value for MO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests MO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.05 | OVERBOUGHT | The high Stochastics value suggests MO may be overbought. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for MO suggests some volalility. |
| Average Directional Index/ADX (14) | 28.82 | POSITIVE | The high ADX value value for MO suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 68.00 | 64.67 | 3.33 (4.90%) | 20.42% |
| An entry @68.00. This is a Buy Stop order right above the resistance zone. | An exit @64.67. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.33 points, which is 4.90%. | When investing 20.42% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
67.57
-0.42 (-0.62%)
ALTRIA GROUP INC / MO FAQ
What is the technical rating for MO stock?
ChartMill assigns a technical rating of 9 / 10 to MO.
Can you provide the trend direction for ALTRIA GROUP INC?
The current trend direction for ALTRIA GROUP INC (MO) is Bullish.
What is the RSI signal for ALTRIA GROUP INC (MO) stock?
ALTRIA GROUP INC (MO) has an RSI value of 67.6905. This indicates that the stock is currently neutral.
What is the short term momentum for MO stock?
The short term momentum for ALTRIA GROUP INC (MO) is positive.
What is the support and resistance level for MO stock?
ALTRIA GROUP INC (MO) has a support level at 64.8 and a resistance level at 67.67. Check the full technical report for our detailed analysis of MO support and resistance levels.