Altria Group Inc (NYSE:MO) traded in a range yesterday that spanned from a low of $52.90 to a high of $53.81. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $53.44 on volume of 4.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SmarTrend is monitoring the recent change of momentum in Altria Group Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Altria Group Inc in search of a potential trend change.
Over the past year, Altria Group Inchas traded in a range of $52.90 to $74.38 and are now at $53.01. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 0.8%.
Write to SmarTrend at firstname.lastname@example.org
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup