AT&T INC. - 1H - Technical analysis published on 01/20/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
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:
Strongly bearish
De fond:
Neutral
Technical indicators
11%
61%
28%
My opinion
Bearish under 29.09 USD
My targets
28.40 USD (-1.70%)
26.77 USD (-7.34%)
My analysis
The current short-term bearish acceleration registered on AT&T INC. should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 29.09 USD. Short-term sellers will use the support located at 28.40 USD as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 26.77 USD. Crossing this support would then open the door for sellers to target 24.08 USD. Caution, if there is a return to below 29.09 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
3.2
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This analysis was given by m_showlag. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AT&T INC. price is 28.89 USD. The price registered a decrease of -0.21% on the session with the lowest point at 28.74 USD and the highest point at 29.01 USD. The deviation from the price is +0.52% for the low point and -0.41% for the high point.28.74
29.01
28.89
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of AT&T INC. indicates that the overall trend is not clearly defined. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 24.08 | 26.77 | 28.40 | 28.89 | 29.09 | 29.76 | 30.18 |
| Change (%) | -16.65% | -7.34% | -1.70% | - | +0.69% | +3.01% | +4.47% |
| Change | -4.81 | -2.12 | -0.49 | - | +0.20 | +0.87 | +1.29 |
| Level | Minor | Major | Major | - | Major | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.29 | 28.60 | 28.77 | 29.08 | 29.25 | 29.56 | 29.73 |
| Camarilla | 28.82 | 28.86 | 28.91 | 28.95 | 28.99 | 29.04 | 29.08 |
| Woodie | 28.23 | 28.57 | 28.71 | 29.05 | 29.19 | 29.53 | 29.67 |
| Fibonacci | 28.60 | 28.78 | 28.89 | 29.08 | 29.26 | 29.37 | 29.56 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.21 | 27.84 | 28.51 | 29.14 | 29.80 | 30.43 | 31.10 |
| Camarilla | 28.81 | 28.93 | 29.05 | 29.17 | 29.29 | 29.41 | 29.53 |
| Woodie | 27.23 | 27.85 | 28.52 | 29.14 | 29.82 | 30.44 | 31.11 |
| Fibonacci | 27.84 | 28.34 | 28.64 | 29.14 | 29.63 | 29.94 | 30.43 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.44 | 25.63 | 26.95 | 29.14 | 30.46 | 32.65 | 33.96 |
| Camarilla | 27.30 | 27.62 | 27.94 | 28.26 | 28.58 | 28.90 | 29.23 |
| Woodie | 23.00 | 25.41 | 26.51 | 28.92 | 30.01 | 32.43 | 33.52 |
| Fibonacci | 25.63 | 26.97 | 27.80 | 29.14 | 30.48 | 31.31 | 32.65 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 44.68 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -3.80 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 28.99 | |
| Parabolic SAR (0,02-0,02-0,2): | 29.44 | |
| Elder Ray (13): | -0.10 | |
| Super Trend (3,10): | 29.41 | |
| Zig ZAG (10): | 28.91 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 22.51 | |
| TEMA (21): | 28.94 | |
| Williams %R (14): | -70.17 | |
| Chande Momentum Oscillator (20): | -0.25 | |
| Repulse (5,40,3): | -0.0900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 1.80 |
| MA7: | 28.93 | |
| MA20: | 28.66 | |
| MA50: | 28.74 | |
| MA100: | 28.13 | |
| MAexp7: | 28.92 | |
| MAexp20: | 29.01 | |
| MAexp50: | 28.95 | |
| MAexp100: | 28.89 | |
| Price / MA7: | -0.14% | |
| Price / MA20: | +0.80% | |
| Price / MA50: | +0.52% | |
| Price / MA100: | +2.70% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | -0.41% | |
| Price / MAexp50: | -0.21% | |
| Price / MAexp100: | -0% |
Quotes :
2021-01-20 17:22:56
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on AT&T INC. at the time of the analysis were as follows:
- Utah to Transform Communications for Public Safety; Governor Herbert Approves Buildout Plan for First Responder Network
-
AT&T Time Warner Deal Comes Before DOJ
- /C O R R E C T I O N -- AT&T Inc./
- More than Half of America has Already Chosen to Transform First Responder Communications With FirstNet, AT&T
- Pennsylvania to Transform Communications for Public Safety; Governor Wolf Approves Buildout Plan for First Responder Network
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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