AT&T INC - T 5.35 11/01/66 (TBB) Stock Technical Analysis
NYSE:TBB • US00206R3003
Taking everything into account, TBB scores 4 out of 10 in our technical rating. In the past year, TBB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 70% of all other stocks performed better in the past year than TBB.
- TBB is one of the lesser performing stocks in the Diversified Telecommunication Services industry. 69% of 37 stocks in the same industry do better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- TBB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TBB is lagging the market.
- In the last month TBB has a been trading in a tight range between 22.27 and 22.85.
- Volume is considerably higher in the last couple of days.
TBB has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 22.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.66, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TBB in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
21.54
We found 2 important support areas.
- A support zone ranging from 22.35 to 22.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.76 to 21.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @22.83 from a horizontal line in the daily time frame.
- A resistance zone ranging from 23.20 to 23.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 24.43 to 24.82. 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 | NEUTRAL | NEUTRAL | The long term trend for TBB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TBB is up. |
| ChartMill Relative Strength | 30.64 | NEUTRAL | TBB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TBB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TBB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TBB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.47 | NEUTRAL | The RSI value for TBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TBB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.07 | NEUTRAL | The Stochastics value for TBB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for TBB suggests low volalility. |
| Average Directional Index/ADX (14) | 17.43 | NEGATIVE | The low ADX value for TBB suggests a weak or negative trend. |
22.69
+0.06 (+0.27%)
AT&T INC - T 5.35 11/01/66 / TBB FAQ
What is the technical rating for TBB stock?
ChartMill assigns a technical rating of 4 / 10 to TBB.
What is the current trend direction of AT&T INC - T 5.35 11/01/66 (TBB) stock?
The current trend direction for AT&T INC - T 5.35 11/01/66 (TBB) is Bearish.
What is the RSI signal for AT&T INC - T 5.35 11/01/66 (TBB) stock?
AT&T INC - T 5.35 11/01/66 (TBB) has an RSI value of 60.4732. This indicates that the stock is currently neutral.
What is the MACD signal for AT&T INC - T 5.35 11/01/66 (TBB) stock?
The MACD indicator for AT&T INC - T 5.35 11/01/66 (TBB) has a value of 0.0224268, indicating a bearish trend.