AT&T INC (T)
US00206R1023 - Common Stock
We assign a technical rating of 7 out of 10 to T. In the last year, T was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month T has a been trading in the 22.41 - 24.03 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
When comparing the yearly performance of all stocks, we notice that T is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, T also shows a nice and consistent pattern of rising prices.
T is one of the better performing stocks in the Diversified Telecommunication Services industry, it outperforms 81% of 34 stocks in the same industry.
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.
T has an average volume of 36333200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Volume is considerably higher in the last couple of days.
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. A pullback is taking place, which may present a nice opportunity for an entry. 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.
More info and screens
18.82
24.12
We found 4 important support areas.
- A support zone ranging from 22.45 to 22.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.03 from a trend line in the daily time frame.
- A support zone ranging from 21.22 to 21.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @19.01 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.88 to 23.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.92
Mansfield0.86
10 Day High23.99
10 Day Low22.41
20 Day High24.03
20 Day Low22.41
52 Week High24.03
52 Week Low15.94
Performance
1 Week-3.72%
2 Weeks-4.73%
1 Month-1%
3 Month5.62%
6 Month23.64%
12 Month37.46%
2 Year23.57%
3 Year-7.52%
5 Year-41.79%
10 Year-32.27%
15 Year-18.84%
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)-0.15
RSI(14)47.07
LBB22.35
UBB24.2
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 |
|---|---|---|---|
| 23.09 | 22.44 | 0.65 (2.82%) | 25.00% |
| An entry @23.09. This is a Buy Stop order right above the 10 day moving average. | An exit @22.44. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.65 points, which is 2.82%. | For a 0.71% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
AT&T INC
NYSE:T (12/20/2024, 8:04:00 PM)
After market: 22.75 0 (0%)22.75
+0.18 (+0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.8%
1 Week-3.72%
2 Weeks-4.73%
1 Month-1%
3 Month5.62%
6 Month23.64%
12 Month37.46%
2 Year23.57%
3 Year-7.52%
5 Year-41.79%
10 Year-32.27%
15 Year-18.84%
Volatility
ATR(14)0.53
ATR(20)%2.1%
ATR Inc-54.68%
Range Today0.23
ADR(20)0.44
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.92
Mansfield0.86
10 Day High23.99
10 Day Low22.41
20 Day High24.03
20 Day Low22.41
52 Week High24.03
52 Week Low15.94
CS1 End22.74
CR1 Start23.88
Volume & EV
DER(3)2.38%
DER(5)1.81%
Volume93.98M
Volume Incr47.39%
Vol(5)52.78M
Vol(50)36.33M