Altria's most recent trend suggests a bearish bias. One trading opportunity on Altria is a Bear Call Spread using a strike $63.00 short call and a strike $68.00 long call offers a potential 21.07% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $63.00 by expiration. The full premium credit of $0.87 would be kept by the premium seller. The risk of $4.13 would be incurred if the stock rose above the $68.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Altria is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Altria is bearish.
The RSI indicator is at 25.2 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Altria
[$$] EU's uphill battle to create a multilateral investment court
Mon, 18 Sep 2017 12:47:25 +0000
No area of trade negotiations has drawn more political heat in recent years than the protection foreign investors receive under trade and investment treaties. Sceptics have done a great job of pointing …
5 Things Philip Morris Management Wants You to Know
Sun, 17 Sep 2017 12:10:00 +0000
Find out the latest in the tobacco company's thinking.
Better Buy: Procter & Gamble Co. vs. Altria
Sat, 16 Sep 2017 16:00:00 +0000
We pit the consumer products titan against the tobacco giant as investment candidates.
Philip Morris is trying to kick a smoking habit
Wed, 13 Sep 2017 14:21:05 +0000
Philip Morris is pledging $1B to end traditional smoking. The company will donate $80M a year, for 12 years, towards the Foundation for a smoke-free world. Yahoo Finance’s Alexis Christoforous and Rick Newman figure out why Philip Morris is making this move.
Buy Philip Morris (PM) on the Rise, Ditch Altria (MO)
Wed, 13 Sep 2017 13:23:39 +0000
Philip Morris will avoid the problems faced by companies who have built their future on the U.S. market. Witness how, when the FDA made a formal announcement of its intent to lower nicotine levels in cigarettes to a non-addictive level, shares of tobacco stocks with U.S. exposure plummeted. Since the announcement, Altria Group Inc (NYSE:MO) is down over 12%, and British American Tobacco PLC (ADR) (NYSE:BTI), which recently completed its acquisition of Reynolds American has been similarly hit hard, down double-digits as well.
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