Altria stock: buy or sell
Updated on:
Jul 29th, 2021
1
Altria stock brief
- Altria stock barely changed -0.36% to close at $47.62 on the stock market on Wednesday, and broke a streak of 3 sessions in positive.
- Altria posted its earnings report on Tuesday
- Altria Group, Inc., through its subsidiaries, manufactures and sells cigarettes, oral tobacco products, and wine in the United States.
Should I buy Altria stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $MO stock a buy?
In the current situation of Altria there is not any eligible buy setup. This doesn't mean $MO will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Altria stock?
Knowing when to sell a stock is even harder than knowing when to buy it. As when we have to buy shares, choosing when is appropiate to sell is not a fickle decision, and we must use our own trading strategy. Our trading system selects very simple setups to guide us on when is the best moment to sell our shares. Be aware that these setups are not intended for selling short $MO stock
A golden rule is that you must never hold an operation that yields greater losses than those expected by the time of the buy. The timing to sell shares must always be dictated by the stop-loss (automatic or manual)
Is it time to sell Altria stock?
In the current situation of Altria there is not any eligible sell setup, so Altria stock holders with operations in green can keep their positions
Altria ratings
We don't have any rating posted in the last month for Altria
Altria stock analysis
SMAs overview
Supports and resistances
The current resistance levels are:
The current support levels are:
Bollinger bands
The distance between the upper and lower bands is 3.33%, meaning that volatility is at very low levels. The tightness of the Bollinger bands is usually a signal of a sudden price movement (up or down), so we must be cautious and manage our buy or sell orders accordingly
Relative strength index
When the stays for so long below 70 and above 30, without showing moments of overvaluation and undervaluation, the indicator gets of little use, and we find ourselves in such a case.
Altria stock price history
Altria started trading priced at an adjusted price1 of $0.00 on Apr 1967. Since then, MO stock surged by -, with an average of 0.00% per year. An investment of $1,000USD on the IPO would have a value of $inf nowadays.
1: Adjusted price after possible price splits or reverse-splits
Price target for Altria stock
Nobody knows how much a share will be priced in the future. Banks and financial organisations post their analysis forecasting how a stock will performance in the future.
The following table shows the price target posted by brokerage institutions over the last 30 days. If you are a small investor you must not trade based on these price targets.
In the last month we couldn't find any price target posted for Altria stock.
Earnings and financials
Altria ($MO) had the shareholders event and presented the report on Tuesday.
Same quarter one year ago, reported EPS was $1.09, so recently posted EPS is -100.00%. Looking at revenue, figures merely moved compared to $50.5B same quarter last year.Altria ($MO) is hosting the quarterly earnings call next October.
Altria performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Altria ($MO) | 0.90% | 5.20% | 17.90% |
Important:
The opinions published in this article are personal and not recommendations for you to buy or sell shares. The author of this report does not know the individual circumstances of the reader, his or her own finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are posted for educative motives onlyAltria summary
| Wednesday, July 28th, 2021 | |
|---|---|
| Open | $47.81 |
| Close | $47.62 |
| Day range | $47.48 - $47.96 |
| Previous close | $47.79 |
| Session gain | -0.36% |
| Average true range | $0.87 |
| 50d mov avg | $47.87 |
| 100d mov avg | $48.24 |
| 200d mov avg | $43.83 |
| Earnings date | October 28th, 2021 |