At&T Inc (T) Up 0.92%

At&T Inc 4 Hour Price Update

Updated June 17, 2020 04:42 PM GMT (12:42 PM EST)

T’s price is down $-0.37 (-1.19%) over the past four hours of trading. To help put that in perspective, note that At&T Inc’s peers in the in the Communication industry are up 2.53% on average during this time, while its peers in the broader Communication Services sector are down by an average of -0.74%.

At&T Inc Daily Price Recap

The back and forth price flow continues for At&T Inc, which started today off at 30.78 US dollars, up 0.92% ($0.28) from yesterday. The price move occurred on volume that was up 3.4% from the day prior, but down 10.94% from the same day the week before. Let’s take a look at the daily price chart of At&T Inc.

At&T Inc Technical Analysis

Notably, At&T Inc is now close to its 20 and 50 day averages, located at 31.04 and 30.31 respectively, and thus may be at a key juncture along those timeframes. The clearest trend exists on the 90 day timeframe, which shows price moving down over that time. Traders will also want to note, though, that a counter trend — meaning a trend going up — can be seen on the 30 day timeframe. If you’re looking to trade the primary trend, this may be a good opportunity to sell rallies created by the counter trend. For additional context, note that price has gone up 18 out of the past 30 days. Price action traders may wish to observe the bearish engulfing pattern that has emerged over the past two trading days; in light of the uptrend on the 90 and 30 day charts this may be particularly noteworthy, as it may signal the uptrend is cooling and ready to reverse.

Overheard Around the Web

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

    (5:00am UTC-7 June 17 iPhone US Top Grossing)

    $GLUU v $ZNGA US Top 150 Rankings #MobileGaming #SocialDistancing Head to Head

    $TCEHY (Tencent, Supercell, Epic, PocketGems) 4 Games Top 22 US iPhone…
    $ZNGA 4 Games Top 36…
    $T spinning off Warner Games (#HarryPotter)…
    Voodoo Games In Play…

    Why Did $GLUU Have To Raise $131.9M? PocketGems Acquisition? Or Tencent $TCEHY $GLUU Controlling Shareholder "Originals" as well as PocketGems "Episodes"…Tortious Interference… Conflict of Interest, Unfair Competition, Undue Influence, Malfeasance, Breach of Fiduciary Duty?…
    $GS UBS MS $9.25 Offering Fails to Close June 8?…
    Niccolo de Masi, Executive Chairman $GLUU, failed President @essential Phone https://www.youtube.com/watch?v=Huztqbks2HY …

    – $ZNGA Toon #9 Toy #21 E&P #30 Merge Dragons! #36 CSR2 #67 Oz #92 HiR #94
    (GoTS #119 WW #122 ZP #124 Merge Magic! #125 WwF2 #131)

    – $GLUU DH #22 KKH #45 MLB2020 #51 CF #82
    (DD #127 DSA #130)

    Source: AppAnnie

    thequ4nt