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AT&T INC.
AT&T INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: T
ISIN:

AT&T INC. - Daily - Technical analysis published on 11/17/2020 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Court terme: Bullish
De fond: Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 28.28 USD
My targets
30.13 USD (+3.65%)
31.83 USD (+9.49%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on AT&T INC. as long as the price remains well above 28.28 USD. The buyers” bullish objective is set at 30.13 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 31.83 USD. If there is any crossing, the next objective would be the resistance located at 33.23 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.6

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The AT&T INC. price is 29.07 USD. On the day, this instrument gained +0.35% and was traded between 28.68 USD and 29.09 USD over the period. The price is currently at +1.36% from its lowest and -0.07% from its highest.

28.68
29.09
29.07

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of AT&T INC. indicates that the overall trend is bullish. The signals given by moving averages are 67.86% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Daily



The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Near horizontal support

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 24.08 26.77 28.28 29.07 30.13 31.83 33.23
Change (%) -17.17% -7.91% -2.72% - +3.65% +9.49% +14.31%
Change -4.99 -2.30 -0.79 - +1.06 +2.76 +4.16
Level Minor Major Intermediate - Intermediate Major Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard28.5128.7028.8429.0329.1729.3629.50
Camarilla28.8828.9128.9428.9729.0029.0329.06
Woodie28.4828.6928.8129.0229.1429.3529.47
Fibonacci28.7028.8328.9129.0329.1629.2429.36


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard27.5227.8428.3728.6929.2229.5430.07
Camarilla28.6828.7528.8328.9128.9929.0729.14
Woodie27.6427.8928.4928.7429.3429.5930.19
Fibonacci27.8428.1628.3628.6929.0129.2129.54


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard23.6825.0126.0227.3528.3629.6930.70
Camarilla26.3826.5926.8127.0227.2427.4527.66
Woodie23.5124.9325.8527.2728.1929.6130.53
Fibonacci25.0125.9126.4627.3528.2528.8029.69

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 62.52
MACD (12,26,9): 0.3100
Directional Movement: 13.01
AROON (14): 85.72
DEMA (21): 28.37
Parabolic SAR (0,02-0,02-0,2): 27.11
Elder Ray (13): 0.60
Super Trend (3,10): 27.31
Zig ZAG (10): 28.99
VORTEX (21): 0.9600
Stochastique (14,3,5): 93.25
TEMA (21): 28.82
Williams %R (14): -8.16
Chande Momentum Oscillator (20): 1.97
Repulse (5,40,3): 1.1800
ROCnROLL: 1
TRIX (15,9): 0.0400
Courbe Coppock: 11.20
MA7: 28.75
MA20: 27.77
MA50: 27.91
MA100: 28.60
MAexp7: 28.65
MAexp20: 28.09
MAexp50: 28.09
MAexp100: 28.59
Price / MA7: +1.11%
Price / MA20: +4.68%
Price / MA50: +4.16%
Price / MA100: +1.64%
Price / MAexp7: +1.47%
Price / MAexp20: +3.49%
Price / MAexp50: +3.49%
Price / MAexp100: +1.68%

Quotes : 2020-11-17 17:15:43 - 15 min delayed data - NYSE Stocks

News


Don"t forget to follow the news on AT&T INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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