AT&T INC (T) Stock Technical Analysis
USA - NYSE:T - US00206R1023 - Common Stock
29.49 USD
+0.29 (+0.99%)
29.45 USD
-0.04 (-0.14%)
Taking everything into account, T scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, T has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that T is one of the better performing stocks in the market, outperforming 78% of all stocks. We also observe that the gains produced by T over the past year are nicely spread over this period.
T is part of the Diversified Telecommunication Services industry. There are 36 other stocks in this industry. T outperforms 80% of them.
T is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
T has an average volume of 31244800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month T has a been trading in a tight range between 28.21 and 29.79.
Besides having an excellent technical rating, T also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 29.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.44, a Stop Loss order could be placed below this zone.
More info and screens
26.13
29.89
When analyzing the support we can see 3 important areas.
- A support zone ranging from 29.09 to 29.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 28.27 to 28.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.39 to 27.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.59 to 29.59. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for T is up. |
| ChartMill Relative Strength | 78.35 | POSITIVE | T has a high relative strength, it outperformed 78.35% 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) | 58.87 | NEUTRAL | The RSI value for T is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests T has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.42 | NEUTRAL | The Stochastics value for T is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for T suggests low volalility. |
| Average Directional Index/ADX (14) | 12.25 | 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)
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 |
|---|---|---|---|
| 29.60 | 29.08 | 0.52 (1.76%) | 25.00% |
| An entry @29.60. This is a Buy Stop order right above the resistance zone. | An exit @29.08. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.52 points, which is 1.76%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.44%. |
- The distance between exit and entry is rather small compared to the average daily movement of T. Please evaluate whether better entry and exit points can be found.
- 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.
29.49
+0.29 (+0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.99%
1 Week-0.3%
2 Weeks1.48%
1 Month3.84%
3 Month4.61%
6 Month10.95%
12 Month36.28%
2 Year96.34%
3 Year92.24%
5 Year3.44%
10 Year-9.48%
15 Year3.11%
Volatility
ATR(14)0.59
ATR(20)%1.78%
ATR Inc-20.46%
Range Today0.39
ADR(20)0.5
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.35
Mansfield0.37
10 Day High29.79
10 Day Low28.28
20 Day High29.79
20 Day Low28.21
52 Week High29.79
52 Week Low21.05
CS1 End29.44
CR1 Start29.59
Volume & EV
DER(3)-0.76%
DER(5)-0.59%
Volume23.58M
Volume Incr3.88%
Vol(5)30.03M
Vol(50)31.24M