AT&T Enters Today Down -0.34%

The Hourly View for AT&T

  • At the moment, T’s price is down $-0.04 (-0.14%) from the hour prior.
  • It’s been a feast for bears operating on an hourly timeframe, as AT&T has now gone down 4 of the past 5 hours.
  • 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.
  • Of note is that the 100 hour changed directions on T; it is now pointing down. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

AT&T’s hourly price chart is shown below.

T

The Daily View for AT&T

  • At the moment, T’s price is down $-0.09 (-0.34%) from the day prior.
  • This is a reversal of the price action on the previous day, in which price moved up.
  • As for the trend on the daily timeframe, we see the clearest trend on the 50 day timeframe.
  • The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
  • Divergence between T’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in T’s price.

Below is a daily price chart of AT&T.

T

Featured AT&T Idea From TradingView

Below is a trading comment entitled usdcad you may find interesting:

T he market made a massive to the upside, leaving any type of resistance.if price keep pushing to the upside,then i will targeting 1.27000.if price break the trendline continue to move down then i will target 1.24715BAL

KB-FX