AT&T INC (T)

US00206R1023 - Common Stock

17.4  +0.1 (+0.58%)

After market: 17.4 0 (0%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to T. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, T is only an average performer.

The long and short term trends are both positive. This is looking good!
T is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so T is lagging the market slightly.
In the last month T has a been trading in the 16.17 - 17.44 range, which is quite wide. It is currently trading near the high of this range.
T has an average volume of 35851800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, T turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
T is part of the Diversified Telecommunication Services industry. There are 36 other stocks in this industry, T did better than 65% of them.
Weekly and Daily overview Charts
T Weekly chart
T Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, T 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 17.33, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.
Support and Resistance Analysis

15.93

18.22

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 16.98 to 17.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 16.09 to 16.68. 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 17.83 to 18.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.67
Mansfield-0.42
10 Day High17.44
10 Day Low16.91
20 Day High17.44
20 Day Low16.17
52 Week High18.16
52 Week Low13.43
Performance
1 Week1.34%
2 Weeks3.26%
1 Month5.39%
3 Month2.53%
6 Month9.43%
12 Month6.68%
2 Year-18.27%
3 Year-40.88%
5 Year-43.1%
10 Year-50.94%
15 Year-29.81%
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)63.81
LBB16.74
UBB17.49
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
17.4516.900.55 (3.15%)25.00%
An entry @17.45. This is a Buy Stop order right above the 10 day high.An exit @16.90. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.55 points, which is 3.15%.For a 0.79% total portfolio risk, you can invest 25.00% 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.
T Daily chart

AT&T INC

NYSE:T (5/17/2024, 7:04:00 PM)

After market: 17.4 0 (0%)

17.4

+0.1 (+0.58%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.58%
1 Week1.34%
2 Weeks3.26%
1 Month5.39%
3 Month2.53%
6 Month9.43%
12 Month6.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.2
ATR(20)%1.66%
ATR Inc
Range Today0.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High17.44
10 Day Low16.91
20 Day High17.44
20 Day Low16.17
52 Week High18.16
52 Week Low13.43
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume25.89M
Volume Incr-29.08%
Vol(5)26.60M
Vol(50)35.85M