Income investors keep looking for stable prices and steady income and look for Altria Group (MO) to give them both. The stock is beginning to recover from its recent dip so income investors might put it on their watch lists but growth investors should look elsewhere.
Barchart technical indicators:
- Barchart hold/neutral based on recent price recovery
- Price just crossed its 20 day moving average
- 5 new highs and up 6.73% in the last week
- Relative Strength Index 51.09% and rising
- Barchart computes a support level at 25.61
- Recently traded at 26.00 which is slightly below its 50 day moving average of 26.41