ALTRIA GROUP INC (MO) Stock Technical Analysis
USA - NYSE:MO - US02209S1033 - Common Stock
66.65 USD
+0.29 (+0.44%)
66.7 USD
+0.05 (+0.08%)
We assign a technical rating of 10 out of 10 to MO. 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.
When comparing the yearly performance of all stocks, we notice that MO is one of the better performing stocks in the market, outperforming 77% of all stocks. On top of that, MO also shows a nice and consistent pattern of rising prices.
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 is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
MO has an average volume of 8378170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MO is part of the Tobacco industry. There are 8 other stocks in this industry, MO did better than 57% of them.
In the last month MO has a been trading in a tight range between 65.04 and 68.60.
Besides having an excellent technical rating, MO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 66.74. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 66.65, a Stop Loss order could be placed below this zone.
More info and screens
57.17
68.36
When analyzing the support we can see 2 important areas.
- A support zone ranging from 66.41 to 66.65. 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 57.75 to 60.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 66.74 to 67.68. 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 | 77.27 | POSITIVE | MO has a high relative strength, it outperformed 77.27% 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) | 61.8 | NEUTRAL | The RSI value for MO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests MO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.6 | NEUTRAL | The Stochastics value for MO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.35 | LOW VOLATILITY | The low ATR as a percentage value for MO suggests low volalility. |
| Average Directional Index/ADX (14) | 28.75 | POSITIVE | The high ADX value value for MO suggests a strong 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 |
|---|---|---|---|
| 67.69 | 66.40 | 1.29 (1.91%) | 25.00% |
| An entry @67.69. This is a Buy Stop order right above the resistance zone. | An exit @66.40. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.29 points, which is 1.91%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.48%. |
- The distance between exit and entry is rather small compared to the average daily movement of MO. Please evaluate whether better entry and exit points can be found.
- 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.
66.65
+0.29 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryTobacco
Performance
% Chg0.44%
1 Week0.15%
2 Weeks0.35%
1 Month1.68%
3 Month11.44%
6 Month13.14%
12 Month25.85%
2 Year58.5%
3 Year65.06%
5 Year72.49%
10 Year22.52%
15 Year177.48%
Volatility
ATR(14)0.88
ATR(20)%1.35%
ATR Inc-20.43%
Range Today0.81
ADR(20)0.89
ADR(20)%1.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.27
Mansfield0.54
10 Day High67.54
10 Day Low65.04
20 Day High68.6
20 Day Low65.04
52 Week High68.6
52 Week Low48.86
CS1 End66.65
CR1 Start66.74
Volume & EV
DER(3)-2.07%
DER(5)-1.33%
Volume7.98M
Volume Incr12.81%
Vol(5)8.38M
Vol(50)8.38M