Explanation to Bollinger's Bands

Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.

Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.

Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation

BandWidth defines the current width of the band.
%b defines the current position within the band.

BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)

Live Samples:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.

Source: http://www.bollingerbands.com

RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of T
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AT&T stock price ended at $17.60 on Thursday, after gaining 0.285%.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 18, 2024 Gain 1.73% PDF

The AT&T stock price gained 0.285% on the last trading day (Thursday, 28th Mar 2024), rising from $17.55 to $17.60. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.01% from a day low at $17.52 to a day high of $17.70. The price has risen in 7 of the last 10 days and is up by 3.47% over the past 2 weeks. Volume fell on the last day by -13 million shares and in total, 22 million shares were bought and sold for approximately $382.64 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect AT&T stock with a 90% probability to be traded between $16.90 and $18.42 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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T Signals & Forecast

The AT&T stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, 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 $17.26 and $17.05. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, February 22, 2024, and so far it has risen 6.09%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for AT&T stock

AT&T finds support from accumulated volume at $17.19 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.178 between high and low, or 1.01%. For the last week the stock has had daily average volatility of 1.27%.

Our recommended stop-loss: $16.78 (-4.67%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 25 days ago.)

Trading Expectations (T) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect AT&T Inc to open at $17.61, and during the day (based on 14 day Average True Range), to move between $17.32 and $17.88, which gives a possible trading interval of +/-$0.275 (+/-1.56%) up or down from last closing price. If AT&T Inc takes out the full calculated possible swing range there will be an estimated 3.13% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $17.69 (0.51%) than the support at $17.19 (2.33%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is AT&T Inc stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for AT&T stock to perform well in the short-term period.

Current score: 1.793 Buy Candidate Unchanged

Predicted Opening Price for AT&T Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$17.61 ( 0.0331%) $17.60

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for T

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 17.78 1.04 %
R2 17.72 0.656 %
R1 17.67 0.418 %
Current price: 17.60
Support S1 17.54 -0.352 %
S2 17.50 -0.590 %
S3 17.43 -0.98 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 18.04 2.50 %
R2 17.83 1.31 %
R1 17.69 0.511 %
Current price 17.60
Support S1 17.19 -2.33%
S2 17.18 -2.39%
S3 16.80 -4.55%

T Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 13, 2023 Jan 10, 2024 Feb 01, 2024 $0.278 1.54%
2 Dec 13, 2023 Jan 09, 2024 Feb 01, 2024 $0.278 1.54%
3 Sep 29, 2023 Oct 06, 2023 Nov 01, 2023 $0.278 1.78%
4 Jun 29, 2023 Jul 07, 2023 Aug 01, 2023 $0.278 1.94%
5 Mar 31, 2023 Apr 06, 2023 Aug 01, 2023 $0.278 1.94%

FAQ

What is the symbol for AT&T Stock and on which exchange is it traded?
The symbol for AT&T is T and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell AT&T Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for AT&T stock to perform well in the short-term period.

How to buy AT&T Stock?
AT&T Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy AT&T Stock.

What's the current price of AT&T Stock?
As of the end of day on the 2024-03-28, the price of an AT&T (T) share was $17.60.

What is the 52-week high and low for AT&T Stock?
The 52-week high for AT&T Stock is $19.99 and the 52-week low is $13.43.

What is the market capitalization of AT&T Stock?
As of the 2024-03-28, the market capitalization of AT&T is 125.889B.

When is the next earnings date for AT&T?
The upcoming earnings date for AT&T is Apr 24, 2024.
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About AT&T Inc

AT&T AT&T Inc. provides telecommunications, media, and technology services worldwide. Its Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, and carrying cases and hands-free devices through its own company-owned stores, agents, and third-party retail stores. It also provides data, voice, security, cloud solutions, outsourcing, and managed and professional... T Profile

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