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Next Support Level for Altria Group Inc (MO) is $73.48

By Nick Russo

Shares of Altria Group Inc (NYSE:MO) have bearishly opened below the pivot of $73.92 today and have reached the first support level of $73.71. Should the shares continue to fall, the support pivots of $73.48 and $73.04 will be of interest.

Over the past year, Altria Group Inc has traded in a range of $60.82 to $77.79 and is now at $73.75, 21% above that low. The 200-day and 50-day moving averages have moved 0.34% higher and 0.25% higher over the past week, respectively.

Altria Group Inc (NYSE:MO) has potential upside of 1.1% based on a current price of $73.75 and analysts' consensus price target of $74.57. The stock should find initial support at its 50-day moving average (MA) of $62.19 and further support at its 200-day MA of $58.35.

SmarTrend is monitoring the recent change of momentum in Altria Group Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Altria Group Inc in search of a potential trend change.

Keywords: pivot alerts altria group inc

Ticker(s): MO