ALTRIA GROUP INC (MO) Technical Analysis
NYSE:MO • US02209S1033
Current stock price
MO Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to MO. MO has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- MO is one of the better performing stocks in the Tobacco industry, it outperforms 71% of 8 stocks in the same industry.
- MO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MO is performing more or less in line with the market.
- MO has an average volume of 10179500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, MO outperforms 69% of them, which is more or less in line with the market.
- In the last month MO has a been trading in the 62.87 - 68.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MO Weekly and Daily overview Charts
MO Setup Rating and Analysis
MO has an average technical rating and the quality of the presented setup is also not ideal 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
MO Support and Resistance Analysis
55.81
5 important support areas can be observed.
- A support zone ranging from 64.81 to 65.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @63.78 from a horizontal line in the daily time frame.
- Support @60.06 from a trend line in the weekly time frame.
- Support @57.80 from a horizontal line in the weekly time frame.
- A support zone ranging from 56.37 to 56.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 65.87 to 66.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @67.68 from a horizontal line in the daily time frame.
- A resistance zone ranging from 69.04 to 69.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
MO Technical Indicator Signal Analysis
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 | 69.43 | NEUTRAL | MO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MO is below 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) | 49.21 | NEUTRAL | The RSI value for MO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests MO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.59 | NEUTRAL | The Stochastics value for MO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for MO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.66 | NEGATIVE | The low ADX value for MO suggests a weak or negative trend. |
MO Chart- and CandleStick Pattern Analysis
MO Technicals: Chart, Performance Metrics, Trend & Indicators
65.76
+0.28 (+0.43%)
ALTRIA GROUP INC / MO TA FAQ
What is the technical rating for MO stock?
ChartMill assigns a technical rating of 5 / 10 to MO.
What is the current trend direction of ALTRIA GROUP INC (MO) stock?
The current trend direction for ALTRIA GROUP INC (MO) is Bullish.
What is the RSI signal for MO stock?
ALTRIA GROUP INC (MO) has an RSI value of 49.2081. This indicates that the stock is currently neutral.
What is the MACD signal for ALTRIA GROUP INC (MO) stock?
The MACD indicator for ALTRIA GROUP INC (MO) has a value of -0.0483846, indicating a bearish trend.