AT&T INC (T) Technical Analysis
NYSE:T • US00206R1023
Current stock price
T Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to T. T scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 74% of all other stocks performed better in the past year than T.
- T is one of the lesser performing stocks in the Diversified Telecommunication Services industry. 72% of 37 stocks in the same industry do better.
- T 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.
- T has an average volume of 40646100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- T is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so T is lagging the market.
T Weekly and Daily overview Charts
T Setup Rating and Analysis
Although the technical rating is bad, T does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 26.04, a Stop Loss order could be placed below this zone.
More info and screens
T Support and Resistance Analysis
22.77
4 important support areas can be observed.
- A support zone ranging from 25.46 to 26.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @24.00 from a trend line in the weekly time frame.
- Support @23.49 from a horizontal line in the weekly time frame.
- Support @23.00 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @28.80 from a horizontal line in the daily time frame.
- A resistance zone ranging from 29.44 to 29.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
T 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 T is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for T is down. |
| ChartMill Relative Strength | 26.57 | NEGATIVE | T has a low relative strength, it was outperformed by 73.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of T is below 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) | DOWN | NEGATIVE | The current price of T is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.4 | NEUTRAL | The RSI value for T is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests T has a positive trend. |
| Stochastics (14,3) | 58.4 | NEUTRAL | The Stochastics value for T is a neutral value. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for T suggests some volalility. |
| Average Directional Index/ADX (14) | 28.41 | POSITIVE | The high ADX value value for T suggests a strong trend. |
T Chart- and CandleStick Pattern Analysis
T Technicals: Chart, Performance Metrics, Trend & Indicators
26.12
-0.01 (-0.04%)
AT&T INC / T TA FAQ
What is the technical rating for T stock?
ChartMill assigns a technical rating of 0 / 10 to T.
What is the trend direction for T stock?
The current trend direction for AT&T INC (T) is Bearish.
What is the RSI signal for AT&T INC (T) stock?
AT&T INC (T) has an RSI value of 44.4017. This indicates that the stock is currently neutral.
What is the short term momentum for AT&T INC (T) stock?
The short term momentum for AT&T INC (T) is negative.
Can you provide the support and resistance levels for AT&T INC?
AT&T INC (T) has a support level at 26.04 and a resistance level at 28.8. Check the full technical report for our detailed analysis of T support and resistance levels.