Category Archives: Altria

Altria Group Downside Targets $MO

Below are the downside targets for Altria Group (MO) based on the decline from the June 19, 2017 high. Continue reading

Chart of the Day: Big Mo from 1920-1987

Below is a chart of Altria (Philip Morris)  from 1920 to 1987.

source: WIT Financial Publishers.1988. p.183.

See our 10-Year price targets for MO at the following link (here).

Altria Review

On July 31, 2017 we did a technical review of Altria (MO) that covered the Coppock Curve, Dow Theory and the Spare/Tengler relative models.  This posting is an update of that review.

Technical Take: Altria

Below we outline the technical view on Altria (MO) applying Dow Theory, Coppock Curve and the Spare/Tengler models.  Dow Theory is a “price as a reflection of value” method which we use to determine downside targets.  The Coppock Curve highlights possible buy indications.  When we apply the Spare/Tengler methodology, a technical approach to viewing fundamental data, we find some level of coincidence with Dow Theory.

Altria (MO) Altimeter

The following are Altria (MO) charts using Edson Gould's Altimeter indicator for determining if the stock is undervalued or overvalued.

In the first chart we see that MO is considered overvalued when the indicator is at 16 and above and is undervalued when the indicator is at 7 or below.

The chart below is also the altimeter for MO however, it reflects the valuation if unadjusted for the spin-off of Kraft (KFT) and Philip Morris International (PM).

Hopefully these charts give a better understanding of when might be a good time to invest in MO. As you can tell from the first chart, MO is presently considered overvalued. Touc.