Shareholder returns and stock trends

AT&T’s (T) closing price on May 13 was $30.47 per share. Based on that closing price, AT&T has a market cap of $222.4 billion—the second-highest market cap among all major US mobile operators. The stock is trading 13.7% above its 52-week low of $26.80 and 11.8% below its 52-week high of $34.53. Analysts’ estimates show that AT&T stock could rise ~11.0% over the next 12 months.

Year-to-date, AT&T stock has risen 6.8%. The stock has generated returns of -5.4% in the trailing-one-month period and -5.6% in the trailing-12-month period. In comparison, Sprint (S) and T-Mobile (TMUS) have seen their stock prices rise 16.7% and 30.2%, respectively, in the trailing-12-month period.

Where Could AT&T Stock Be Heading in 2019?

Bollinger Band

In the May 13 trading session, AT&T stock closed at $30.47, near its midrange Bollinger Band level of $31.05. This value suggests that AT&T stock isn’t overbought or oversold.

MACD

On May 13, AT&T’s 14-day MACD (moving average convergence divergence) was -0.13. In comparison, T-Mobile’s 14-day MACD was 0.62, and Sprint’s 14-day MACD was 0.34. A stock’s MACD marks the difference between its short-term and long-term moving averages. AT&T’s negative MACD figure suggests a downward trading trend.

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