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ALTRIA GROUP INC.
ALTRIA GROUP INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: MO
ISIN:

ALTRIA GROUP INC. - 1H - Technical analysis published on 09/24/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
50%
11%
39%
My opinion
Bearish under 49.23 USD
My targets
48.20 USD (-0.99%)
47.54 USD (-2.34%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 49.23 USD remains possible. It is advisable to trade ALTRIA GROUP INC. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 49.23 USD. The next bearish objective for sellers is set at 48.20 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 47.54 USD. In case of crossing, the next objective would be the support located at 46.49 USD. PS: if there is a bullish break in the resistance located at 49.23 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
2

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

ALTRIA GROUP INC. rating 48.68 USD. On the day, this instrument lost -0.27% with the lowest point at 48.65 USD and the highest point at 49.05 USD. The deviation from the price is +0.06% for the low point and -0.75% for the high point.

48.65
49.05
48.68

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ALTRIA GROUP INC.:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this ALTRIA GROUP INC. chart shows a bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 46.49 47.54 48.20 48.68 48.75 49.23 49.81
Change (%) -4.50% -2.34% -0.99% - +0.14% +1.13% +2.32%
Change -2.19 -1.14 -0.48 - +0.07 +0.55 +1.13
Level Major Major Intermediate - Minor Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard47.6148.0148.4148.8149.2149.6150.01
Camarilla48.5948.6648.7448.8148.8848.9649.03
Woodie47.6148.0148.4148.8149.2149.6150.01
Fibonacci48.0148.3248.5048.8149.1249.3049.61


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard46.2747.2947.9548.9749.6350.6551.31
Camarilla48.1548.3048.4648.6148.7648.9249.07
Woodie46.0947.2047.7748.8849.4550.5651.13
Fibonacci47.2947.9348.3348.9749.6150.0150.65


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard43.6344.8047.0748.2450.5151.6853.95
Camarilla48.3848.7049.0249.3349.6549.9650.28
Woodie44.1745.0847.6148.5251.0551.9654.49
Fibonacci44.8046.1246.9348.2449.5650.3751.68

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 50.30
MACD (12,26,9): 0.1000
Directional Movement: 2.57
AROON (14): 7.14
DEMA (21): 48.80
Parabolic SAR (0,02-0,02-0,2): 48.31
Elder Ray (13): 0.03
Super Trend (3,10): 48.16
Zig ZAG (10): 48.67
VORTEX (21): 1.0400
Stochastique (14,3,5): 61.17
TEMA (21): 48.94
Williams %R (14): -52.00
Chande Momentum Oscillator (20): 0.16
Repulse (5,40,3): 0.1200
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 2.06
MA7: 48.49
MA20: 49.07
MA50: 47.84
MA100: 47.57
MAexp7: 48.85
MAexp20: 48.69
MAexp50: 48.70
MAexp100: 48.76
Price / MA7: +0.39%
Price / MA20: -0.79%
Price / MA50: +1.76%
Price / MA100: +2.33%
Price / MAexp7: -0.35%
Price / MAexp20: -0.02%
Price / MAexp50: -0.04%
Price / MAexp100: -0.16%

Quotes : - 15 min delayed data - NYSE Stocks

News


The latest news and videos published on ALTRIA GROUP INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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