At&T Inc (T) Up 0.62%; Breaks Above 20 Day Average

The Hourly View for T

Last Updated January 26, 2021, 12:42 GMT

At the moment, T’s price is down $-0.37 (-1.28%) from the hour prior. T has seen its price go up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls. If you’re a trader with a preference for rangebound markets, you may wish to note that there isn’t a clear trend on the 20, 50 and 100 hour timeframes. 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 is up 0.62% ($0.18) since the day prior, marking the 2nd straight day it has gone up. As for how volume fared, yesterday’s volume was up 49.48% from the previous day (Sunday), and up 33.79% from Monday of the week before. The daily price chart of At&T Inc below illustrates.

T

At&T Inc Technical Analysis

Moving average crossovers are always interesting, so let’s start there: At&T Inc crossed above its 20 day moving average yesterday. The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. For additional context, note that price has gone down 8 out of the past 14 days.

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about T:

    $T Jan 25
    = Daily stock market forecast =
    ◆ Investment position
    => Neutral – Bullish
    ◆ RSS feed. Stock forecast for the next 10 days
    http://feeds.feedburner.com/pretiming
    ◆ Upper~Lower stock price band for the next 10 days
    Price: 28.71 ~ 30.02
    % Change: -1.37% ~ 3.13%
    ◆ Today's Supply-Demand(S&D) strength
    => Supply-Demand strength has been changed to a strengthening selling flow when stock market opening.

    ◆ Daily Supply-Demand(S&D) strength Trend
    => In the midst of an upward trend of strong upward momentum price flow marked by the temporary falls and strong rises.

    Timing_Forecast