Welcome to the news page for At&T Inc (T). Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
A trend/countertrend situation exists on T, in which a downtrend exists on shorter timeframes but an uptrend appears on the 90 and 30 day timeframes. The countertrend on the shorter timeframe may provide an opportunity to buy for those interested in playing the longer term trend.
T Moving Averages
Nuances in the trend on T can be understood by observing the behavior of its moving averages. Out of the moving averages we’re monitoring (20, 50, 100, and 200 days), all but the 20 are bullish, suggesting the trend is generally upward, aside from a fall about 3 weeks prior. Moreover, today we saw the 200 moving average turn bullish.