SOBA Technical Analysis - AT&T INC

Technical Rating and Analysis

We assign a technical rating of 1 out of 10 to SOBA. SOBA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

SOBA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

Warning: SOBA has an average volume of 4835 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

When compared to the yearly performance of all other stocks, SOBA outperforms 50% of them, which is more or less in line with the market.

SOBA is an average performer in the Diversified Telecommunication Services industry, it outperforms 59% of 33 stocks in the same industry.

SOBA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SOBA is lagging the market.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

SOBA has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

21.85

25.68

We found 2 important support areas.

A support zone ranging from 22.45 to 22.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 22.07 to 22.09. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 25.09 to 25.43. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	DOWN	NEGATIVE	The long term trend for SOBA.DE is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for SOBA.DE is down.
ChartMill Relative Strength	50.22	NEUTRAL	SOBA.DE is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of SOBA.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of SOBA.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of SOBA.DE is below the rising SMA(200).
Relative Strength Index/RSI (14)	36.54	NEUTRAL	The RSI value for SOBA.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.03	NEGATIVE	The MACD value suggests SOBA.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)	23.95	NEUTRAL	The Stochastics value for SOBA.DE is a neutral value.
Average True Range in percent/ATR (20)	1.63	LOW VOLATILITY	The low ATR as a percentage value for SOBA.DE suggests low volalility.
Average Directional Index/ADX (14)	45.15	POSITIVE	The high ADX value value for SOBA.DE suggests a strong trend.