AT&T INC (T) Stock Technical Analysis
NYSE:T - New York Stock Exchange, Inc. - US00206R1023 - Common Stock - Currency: USD
Overall T gets a technical rating of 7 out of 10. In the last year, T was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that T is one of the better performing stocks in the market, outperforming 82% of all stocks. We also observe that the gains produced by T over the past year are nicely spread over this period.
T is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so T is performing more or less in line with the market.
In the last month T has a been trading in the 25.85 - 28.47 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
T has an average volume of 32220000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
T is part of the Diversified Telecommunication Services industry. There are 33 other stocks in this industry, T did better than 68% of them.
T has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 27.61, a Stop Loss order could be placed below this zone.
More info and screens
25.43
29.23
When analyzing the support we can see 3 important areas.
- A support zone ranging from 26.94 to 27.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.39 from a horizontal line in the daily time frame.
- Support @25.69 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 27.78 to 28.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for T is neutral. |
| ChartMill Relative Strength | 82.87 | POSITIVE | T has a high relative strength, it outperformed 82.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of T is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of T is below a declining 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) | 51.89 | NEUTRAL | The RSI value for T is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests T has a positive trend. |
| Stochastics (14,3) | 68.13 | NEUTRAL | The Stochastics value for T is a neutral value. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for T suggests some volalility. |
| Average Directional Index/ADX (14) | 22.64 | NEUTRAL | The ADX value for T suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.36 | 26.93 | 1.43 (5.04%) | 19.83% |
| An entry @28.36. This is a Buy Stop order right above the 10 day high. | An exit @26.93. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.43 points, which is 5.04%. | For a 1.00% total portfolio risk, you can invest 19.83% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
27.75
+0.34 (+1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg1.24%
1 Week-0.89%
2 Weeks3.01%
1 Month-2.15%
3 Month0.51%
6 Month16.94%
12 Month43.26%
2 Year87.63%
3 Year58.21%
5 Year-6.91%
10 Year-16.42%
15 Year2.66%
Volatility
ATR(14)0.57
ATR(20)%2.01%
ATR Inc-17.78%
Range Today0.59
ADR(20)0.52
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.87
Mansfield0.56
10 Day High28.35
10 Day Low25.85
20 Day High28.47
20 Day Low25.85
52 Week High29.19
52 Week Low18.64
CS1 End27.61
CR1 Start27.78
Volume & EV
DER(3)1.55%
DER(5)1.38%
Volume38.82M
Volume Incr-1.97%
Vol(5)33.28M
Vol(50)32.22M