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What Do AT&T’s Moving Averages Suggest?

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Apr. 22 2019, Published 7:11 a.m. ET

Moving averages

Recently, AT&T (T) stock rose above its 20-day moving average, suggesting a bullish sentiment in the company. On April 17, AT&T stock closed the trading day at $31.95. Based on this figure, the stock was trading 0.7% above its 20-day moving average of $31.72, 3.4% above its 50-day moving average of $30.90, and 4.9% above its 100-day moving average of $30.46.

In comparison, Verizon (VZ) was trading 1.2% above its 100-day moving average, while Sprint (S) was trading 7.5% below its 100-day moving average. T-Mobile (TMUS) was trading 5.0% above its 100-day moving average.

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Relative strength index

On April 17, AT&T had a 14-day RSI (relative strength index) score of 56, which suggested that investors were neutral on its stock. T-Mobile’s, Sprint’s, and Verizon’s 14-day RSI scores were 54, 39, and 44, respectively, on the same day.

A stock’s RSI score is measured on a scale of 0–100, with lower than 30 suggesting that a stock is oversold and higher than 70 suggesting that a stock is overbought.

MACD

On April 17, AT&T’s 14-day MACD (moving average convergence divergence) was 0.09. Verizon’s 14-day MACD was -0.32, T-Mobile’s was 2.02, and Sprint’s was 0.07. A stock’s MACD marks the difference between its short-term and long-term moving averages. AT&T’s positive MACD level indicates an upward trading trend.

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