At&T Inc (T) Up 0.49%; Breaks Above 100 Day Average

The Hourly View for T

Last Updated February 12, 2021, 12:45 GMT

At the time of this writing, T’s price is down $-0.06 (-0.19%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as T has now gone up 8 of the past 10 hours. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

At&T Inc Daily Price Recap

At&T Inc’s 3 day negative streak has officially concluded, as the candle from the day prior closed up 0.49% ($0.14). This move happened on lower volume, as yesterday’s volume was down 20.12% from the day before — and down 21.12% from the same day the week before. Here is a daily price chart of At&T Inc.

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At&T Inc Technical Analysis

Notably, At&T Inc crossed above its 100 day moving average yesterday. Or to view things another way, note that out of the past 10 days At&T Inc’s price has gone down 6 them.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to T:

    $CBBT up 100% from a week ago and folks are complaining about a 20% down day?

    Pathetic.

    Welcome to the stock market, where stocks go up AND down. If you don’t have the stomach to ride the waves and make real money, feel free to buy some $VZ, $T, $PG, etc and collect your dividends.

    Chips_n_Dip