ALTRIA GROUP INC (MO) Stock Technical Analysis
NYSE:MO - New York Stock Exchange, Inc. - US02209S1033 - Common Stock - Currency: USD
Overall MO gets a technical rating of 6 out of 10. Although MO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
MO is one of the lesser performing stocks in the Tobacco industry. 71% of 8 stocks in the same industry do better.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
MO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MO is lagging the market slightly.
MO has an average volume of 8367650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, MO turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
In the last month MO has a been trading in a tight range between 58.03 and 60.63.
MO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 58.75, a Stop Loss order could be placed below this zone.
More info and screens
53.00
61.53
When analyzing the support we can see 5 important areas.
- A support zone ranging from 58.55 to 59.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 56.71 to 57.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @55.56 from a horizontal line in the daily time frame.
- Support @54.62 from a trend line in the daily time frame.
- Support @53.54 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 60.02 to 60.92. 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 | NEUTRAL | NEUTRAL | The short term trend for MO is neutral. |
| ChartMill Relative Strength | 68.15 | NEUTRAL | MO is not amongst the best or worst performers 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) | 53.52 | NEUTRAL | The RSI value for MO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.67 | NEUTRAL | The Stochastics value for MO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for MO suggests low volalility. |
| Average Directional Index/ADX (14) | 10.49 | NEGATIVE | The low ADX value for MO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 60.93 | 58.28 | 2.65 (4.35%) | 22.99% |
| An entry @60.93. This is a Buy Stop order right above the resistance zone. | An exit @58.28. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.65 points, which is 4.35%. | When investing 22.99% 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.
59.65
+0.48 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryTobacco
Performance
% Chg0.81%
1 Week1.46%
2 Weeks0.27%
1 Month0.57%
3 Month6.38%
6 Month12.25%
12 Month29.39%
2 Year31.33%
3 Year36%
5 Year44.96%
10 Year9.69%
15 Year169.18%
Volatility
ATR(14)0.89
ATR(20)%1.44%
ATR Inc-8.31%
Range Today0.62
ADR(20)0.82
ADR(20)%1.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.15
Mansfield0.04
10 Day High60.63
10 Day Low58.04
20 Day High60.63
20 Day Low58.04
52 Week High61.26
52 Week Low45.87
CS1 End58.75
CR1 Start59.15
Volume & EV
DER(3)2.98%
DER(5)2.35%
Volume4.78M
Volume Incr-2.84%
Vol(5)8.53M
Vol(50)8.37M