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Where Is AT&T Stock Heading in 2019?

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Shareholder returns and stock trends

AT&T’s (T) closing price on February 6 was $29.56 per share. Based on that closing price, AT&T has a market cap of $215.1 billion, the second highest among all major US mobile operators. The stock is trading 10.3% above its 52-week low of $26.80 per share and 21.8% below its 52-week high of $37.81 per share.

Year-to-date, AT&T stock has risen 3.6%. The stock has generated returns of -2.6% in the trailing-one-month period and -19.7% in the trailing-12-month period. In comparison, Sprint (S), Verizon (VZ), and T-Mobile (TMUS) have seen their stock prices rise 14.5%, 5.8%, and 10.0%, respectively, in the trailing-12-month period.

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Bollinger Band

In the February 6 trading session, AT&T stock closed at $29.56, near its lower Bollinger Band level of $29.40, suggesting that the stock is oversold.

MACD

AT&T’s 14-day MACD (moving average convergence divergence) is -0.68. In comparison, T-Mobile’s 14-day MACD is -0.21, Verizon’s is -1.44, and Sprint’s is -0.11. A stock’s MACD marks the difference between its short-term and long-term moving averages. AT&T’s negative MACD level denotes a downward trading trend.

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