Altria makes and sells smokeable tobacco products like cigarettes and cigars and oral products like chewing tobacco and nicotine pouches. The addictive properties of nicotine have made Altria a controversial but consistent company.
The company’s robust business model generates enough yearly cash to sustain a dividend-yielding 7.9%.
The next price target is...
This article provides a comprehensive guide to the key technical analysis terms frequently used in stock market trading and investing. This includes "Yearly High Close," which refers to a stock's price closing at or near the highest level it has reached in the past year, and "CCA Squeeze," an indicator that helps identify consolidations and signals when prices are...
The PEAD projected a Bullish outlook for $MO after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 25%.
Revenue in the Tobacco Products market amounts to US$106.40bn in 2023. The market is expected to grow annually by 0.72% (CAGR 2023-2027). The market's largest segment is the segment Cigarettes with a market volume of US$82.67bn in 2023. Lets just take a moment to look at this beautiful char tho. MO is lookin pretty much recession proof guys. with amazing dividends...
The PEAD projected a Bullish outlook for $MO after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 80%.
The technical figure Pennant can be found in the daily chart in the US company Altria Group, Inc. (MO). Altria Group, Inc. (previously known as Philip Morris Companies, Inc.) is an American corporation and one of the world's largest producers and marketers of tobacco, cigarettes and related products. Altria is the parent company of Philip Morris USA (producer of...
Trendsi Indicator has provided all Bearish Signals for MO. Watching it to break 44.47 and trade below it to continue falling to the next support around 43 range. RSI is currently at 54, watching it to break down around 40 to 30 range to enter. Overall Trendsi has indicated RED EMA cross over, Sell Signal, and money momentum shifting down. 3 bearish signals,...
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...
Might probably go down another 10% or so but I am happy to start buying here because of the dividend ! Probably 1/3 or 1/2 position in case it goes down to the bottom of the up trending channel! Just my opinion
Using Fibonacci circles we can see price rise above the circle briefly then retest the area as support, this is a common feature among 1.618 and 3.618
In both situations this pattern has led to continuation of the bull trend, which looks strong (dashed line)
Hi,
Since the end of 2020, Altria has started to show its strength by giving us a higher low. Since then it managed to push above the long-lasting downwards trendline which started from ATH at the beginning of 2017. Made a quite solid breakout with a strong and powerful candle as needed. To be said, if it is a strong trendline then it needs a lot of power to push...
MO is forming a bass which includes a lot of high green volume candles. Entered this position on a 5 minute time frame with a call option on 5/6/2022. Previous all time highs are a longer swing target. The all tme high is also around where the 1.618 fib level is
The PEAD projected a Bullish outlook for $MO after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 77.78%.
Tobacco stock Altria has fought higher all year despite weakness in the broader market. Now it may be forming a potential continuation pattern.
Notice the series of higher lows since February 24, combined with peaks around $53.85. That ascending triangle could suggest the uptrend remains in effect because buyers are active at steadily higher levels.
Next, the...
