T Forecast and Technical Stock Analysis
Buy candidate since 2019-11-15 PDF
AT&T Inc gained 1.41% in the last trading day ( Friday, 15th Nov 2019 ), rising from $38.95 to $39.50 During the day the stock fluctuated 1.15% from a day low at $39.06 to a day high of $39.51. The price has fallen in 6 of the last 10 days , but is still up by 1.41% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 4.25 million more shares were traded than the day before. In total, 29.77 million shares bought and sold for approximately $1 176.10 million.
- 30 day high of the T stock price was $39.58 and low was $36.54.
- 90 day high was $39.58 and low was $34.54.
- 52 week high for AT&T Inc - $39.58 and low - $26.80.
AT&T Inc lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 10.66% during the next 3 months and, with 90% probability hold a price between $41.86 and $46.13 at the end of this period.
Only positive signals in the chart today. AT&T Inc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $39.28 and $38.17. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday October 24, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 67 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
AT&T Inc finds support from accumulated volume at $38.49.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.45 (1.15%) between high and low. For the last week, the stock has had daily average volatility of 0.87%.
Our recommended stop-loss: $37.40 (-5.31%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 16 days ago.)
0.87 %Average volatility
Very Low Low Medium High Very High
AT&T Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Strong Buy Candidate.
|T $39.50 ($0.55 1.41%)|
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
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