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Altria Group Inc (NYSE:MO) traded in a range yesterday that spanned from a low of $55.52 to a high of $55.95. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $55.55 on volume of 4.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that subscribers consider buying shares of Altria Group Inc on January 31st, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $48.63. Since that recommendation, shares of Altria Group Inc have risen 13.8%. We continue to monitor MO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Altria Group Inc share prices have moved between a 52-week high of $66.53 and a 52-week low of $42.40 and are now trading 32% above that low price at $55.84 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.

Write to SmarTrend at cs@mysmartrend.com

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