At&T Inc (T) Down 1.15%, Breaks Below 200 Day Average; in an Uptrend Over Past 14 Days

The Hourly View for T

Last Updated February 19, 2021, 12:55 GMT

At the time of this writing, T’s price is down $-0.21 (-0.71%) from the hour prior. This is the 2nd consecutive hour T has seen its price head down. Regarding the trend, note that the strongest trend exists on the 50 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

The end of a 4 day positive run has come for At&T Inc, which finished the day prior down 1.15% ($0.34). This move happened on lower volume, as yesterday’s volume was down 47.32% from the day before — and down 15.78% from the same day the week before. Below is a daily price chart of At&T Inc.

T

At&T Inc Technical Analysis

Moving average crossovers are always interesting, so let’s start there: At&T Inc crossed below its 200 day moving average yesterday. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 10 days At&T Inc’s price has gone up 6 them.

Overheard Around the Web

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

    $DBX 🖕this POS – $WMT – $T and $RKT
    Such disappointing stocks to be a holder of. At least we get a decent dividend with T
    Other then that I can’t wait to get rid of the last three.
    Sold DBX 300 shares at 25 and 300 at 25.20
    🍀 Good luck bulls hope it hits 27-30 over the next few days!

    MakingGorillaMoves