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Watch for Shares of Altria Group Inc (MO) to Approach Support at $65.37

By David Diaz

Shares of Altria Group Inc (NYSE:MO) opened today below their pivot of $66.14 and have already reached the first level of support at $65.75. Should the shares continue to fall, the support pivots of $65.37 and $64.60 will be of interest.

Potential upside of 0.0% exists for Altria Group Inc, based on a current level of $0.00 and analysts' average consensus price target of $76.73. Altria Group Inc shares should first meet resistance at the 200-day moving average (MA) of $58.35 and find additional resistance at the 50-day MA of $62.19.

Over the past year, Altria Group Inchas traded in a range of $0.00 to $77.79 and are now at $0.00. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.2%.

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