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AT&T: Making Sense of the Stock’s Technical Indicators

Ambrish Shah - Author

Nov. 19 2018, Updated 7:30 a.m. ET

AT&T’s moving averages

Now let’s look at AT&T’s (T) technical indicators and compare them to peers in the telecom space. Recently, AT&T dipped below its 20-day moving average, which indicates bearish sentiment in the company. On November 13, AT&T stock closed the trading day at $30.33. Based on this figure, the stock was trading 2.2% below its 20-day moving average of $31.02, 6.2% below its 50-day moving average of $32.34, and 5.9% below its 100-day moving average of $32.22.

Verizon (VZ) was trading 9.2% above its 100-day moving average while T-Mobile (TMUS) was trading 4.8% above its average and Sprint (S) was trading 3.2% above its average.

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Relative strength index

As of November 13, AT&T had a 14-day RSI (relative strength index) level of 39. A stock is considered “overbought” when its 14-day RSI level rises above 70.

AT&T’s current 14-day RSI level indicates that the stock is neither oversold nor overbought. Meanwhile, T-Mobile, Sprint, and Verizon had 14-day RSI readings of 51, 50, and 65, respectively.


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