Technical indicators help us predict the direction of a stock’s trend. Technical aspects are crucial as they help investors and traders make market entry and exit decisions.
RSI (relative strength index) scores and moving averages are the two most frequently used technical indicators. In this article, we’ll take a look at AT&T’s (T) technical aspects and compare them with its competitors in the telecom space.
100-day moving averages
Relative strength index
On April 4, 2018, AT&T had a 14-day RSI reading of 38. Sprint, Verizon, and T-Mobile had 14-day RSI readings of 40, 46, and 25, respectively.
A 14-day RSI level that is lower than 30 signifies an oversold stock, whereas a 14-day RSI level that is greater than 70 means an overbought stock.