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Uptrend ExhaustionArchive - 1/3/2025 - Sign In to see current Signals. |
Altria Group, Inc. (MO) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week after 4 consecutive negative weeks for the Altria Group, Inc. (MO). During the week, the MO gained 0.76 points, or 1.45%, and closed at 53.14 on Friday, January 3, 2025. It was the best weekly gain since November 29, 2024. Weekly volume was -41% below average. Long-term trend: [See MO long-term trend chart] A long-term downtrend had started on June 20, 2017 at 77.79 and reached 30.95 on March 23, 2020. MO lost 46.84 points, or 60.21%, in 143 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (41.74) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend. Medium-term trend: [See MO medium-term trend chart] A medium-term downtrend had started on December 6, 2024 at 58.01 and reached 51.63 on December 30, 2024. MO lost 6.38 points, or 11.00%, in 3 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (50.90) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend. Weekly Technical Indicators: [See MO weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 20, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help. Short-term trend: [See MO short-term trend chart] A short-term uptrend had started on December 30, 2024 at 51.63 and reached 53.18 on January 3, 2025. MO gained -1.55 points, or -3.00%, in 4 days. Price is near the trend high. Daily Technical Indicators: [See MO daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since December 2, 2024. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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