The Hourly View for AT&T
- At the moment, T’s price is down $-0.14 (-0.74%) 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.
- As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe.
- The moving averages on the hourly 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.
AT&T’s hourly price chart is shown below.
The Daily View for AT&T
- At the moment, T’s price is down $-0.67 (-3.42%) from the day prior.
- It’s been a feast for bears operating on the daily timeframe, as AT&T has now gone down 5 of the past 5 days.
- Regarding the trend, note that the strongest trend exists on the 20 day timeframe.
- The moving averages on the daily 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.
- 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.
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