At&T Inc (T) Up 0.38%; Nears 20 Day Moving Average

The Hourly View for T

Last Updated February 16, 2021, 12:40 GMT

Currently, T’s price is up $0.03 (0.1%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart 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 is up 0.38% ($0.11) since the previous day, marking the 2nd day in a row an increase has occurred. This move happened on lower volume, as yesterday’s volume was down 14.93% from the day before — and down 28.58% from the same day the week before. Let’s take a look at the daily price chart of At&T Inc.

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At&T Inc Technical Analysis

The first thing we should note is that the current price of At&T Inc is sitting close to its 20, 50, 100 and 200 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. Or to view things another way, note that out of the past 30 days At&T Inc’s price has gone down 16 them.

Overheard Around the Web

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

    $T You have trollers on this forum that would have you believe you can snag the dividend before the x date and make money. That is not he case. If you buy the stock the day before the X date you will get the dividend but it will be just before they drop the price by the amount of the dividend at the reduced price on the x date. Therefore a wash . If you buy the stock the day it goes down that would be on the x date the seller will receive the dividend not you. Still a wash.

    P4jt