AT&T (T) Closes Last Hour Down $-0.12; Moves Up For the 2nd Straight Day

The Hourly View for T

Last Updated January 8, 2021, 02:010 GMT

At the moment, AT&T’s price is down $-0.05 (-0.17%) from the hour prior. AT&T has seen its price go up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls. 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

At&T Inc closed the previous day up 0.27% ($0.08); this denotes the 2nd straight day an increase has occurred. The price move occurred on volume that was down 4.7% from the day prior, but up 27.08% 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

Notably, At&T Inc is now close to its 20 and 200 day averages, located at 29.56 and 29.44 respectively, and thus may be at a key juncture along those timeframes. For additional context, note that price has gone down 9 out of the past 14 days.

Overheard Around the Web

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

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    Silvertradrr998