Altria Technical Analysis (NYSE:MO)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Altria stock price data and volume are plotted in MO stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Altria. The technical analysis form of Altria stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Altria Moving Average
Moving averages help predict the price direction of MO stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Altria are mostly signals of long term trends and will help long term traders.
Altria Bollinger Bands
Bollinger bands comprise of a center line usually MO SMA, and two MO stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Altria bollinger bands show that the stock price is $61.84, upper band is 63.13, lower band is 57.27, and the average is 60.2.
Altria Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Altria MACD indicator can be used to identify bullish and bearish trends for the stock.
Altria Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 66 is the RSI value of MO stock.