Recently, AT&T (T) stock went below its 20-day moving average, which indicates a bearish sentiment in the company. On March 14, AT&T stock closed the trading day at $30.28. Based on this figure, the stock was trading 0.7% below its 20-day moving average of $30.50, 0.2% below its 50-day moving average of $30.34, and it was unchanged from its 100-day moving average of $30.28.
Relative strength index
Now let’s have a look at AT&T’s 14-day RSI (relative strength index) score, which indicates whether a stock is in an oversold or overbought status. The 14-day RSI level is measured on a scale of zero to 100. A 14-day RSI score of less than 30 denotes that the stock is oversold, while a 14-day RSI score of greater than 70 suggests that the stock is overbought. A stock trading between a 14-day RSI score of 30 and 70 indicates balanced trading activity.
As of March 14, AT&T had a 14-day RSI score of 49, which means investors are neutral toward the stock. Meanwhile, T-Mobile’s, Sprint’s, and Verizon’s 14-day RSI scores are 60, 51, and 65, respectively.