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Altria Group Inc (MO) Breaks Through Support at $57.00

By James Quinn

Shares of Altria Group Inc (NYSE:MO) opened today below their pivot of $57.46 and have already reached the first level of support at $57.00. Should the shares continue to fall, the support pivots of $56.58 and $55.70 will be of interest.

In the past 52 weeks, shares of Altria Group Inc have traded between the current low of $0.00 and a high of $77.79 and are now at $0.00. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has remained constant.

Altria Group Inc has overhead space with shares priced $0.00, or 100.0% below the average consensus analyst price target of $70.07. The stock should run into initial resistance at its 50-day moving average (MA) of $57.72 and subsequent resistance at its 200-day MA of $63.92.

SmarTrend is tracking the current trend status for Altria Group Inc and will alert subscribers who have MO in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts altria group inc

Ticker(s): MO