AT&T INC (T) Stock Technical Analysis
NYSE:T - US00206R1023 - Common Stock
28.77 USD
-0.67 (-2.28%)
28.78 USD
+0.01 (+0.03%)
We assign a technical rating of 10 out of 10 to T. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, T is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that T is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, T also shows a nice and consistent pattern of rising prices.
T is one of the better performing stocks in the Diversified Telecommunication Services industry, it outperforms 79% of 35 stocks in the same industry.
A new 52 week high is currently being made by T, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month T has a been trading in the 27.24 - 29.65 range, which is quite wide. It is currently trading near the high of this range.
T has an average volume of 31656000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although T has an excellent technical rating, it does not present a decent entry opportunity 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
25.84
29.73
We found 2 important support areas.
- A support zone ranging from 26.94 to 28.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.10 to 26.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 28.80 to 28.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.44 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for T is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for T is up. |
| ChartMill Relative Strength | 84 | POSITIVE | T has a high relative strength, it outperformed 84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of T is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of T is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of T is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.79 | NEUTRAL | The RSI value for T is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests T has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.25 | OVERBOUGHT | The high Stochastics value suggests T may be overbought. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for T suggests low volalility. |
| Average Directional Index/ADX (14) | 17.29 | NEGATIVE | The low ADX value for T suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
28.77
-0.67 (-2.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-2.28%
1 Week-0.35%
2 Weeks2.46%
1 Month2.75%
3 Month4.92%
6 Month8.08%
12 Month45.82%
2 Year94.52%
3 Year64.03%
5 Year-3.49%
10 Year-13.34%
15 Year6.44%
Volatility
ATR(14)0.44
ATR(20)%1.57%
ATR Inc60.98%
Range Today0.97
ADR(20)0.44
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84
Mansfield0.42
10 Day High29.65
10 Day Low28.08
20 Day High29.65
20 Day Low27.24
52 Week High29.65
52 Week Low19.6
CS1 End28.24
CR1 Start28.8
Volume & EV
DER(3)-1.25%
DER(5)-0.15%
Volume34.01M
Volume Incr-16.67%
Vol(5)28.23M
Vol(50)31.66M