U.S. Markets close in 4 hrs 50 mins

What AT&T’s Technical Levels Indicate

Andrew Smith
What AT&T’s Technical Levels Indicate

What to Expect from AT&T's Q4 2018 Earnings(Continued from Prior Part)## Moving averagesRecently, AT&T (T) went above its short-term (20-day) moving average, which indicates a bullish sentiment in the company. On January 7, AT&T stock closed the trading day at $30.89. Based on this figure, the stock was trading 5.2% above its 20-day moving average of $29.37, 3.0% above its 50-day moving average of $30.00, and 1.9% below its 100-day moving average of $31.49.In comparison, Verizon (VZ) was trading 1.5% above its 100-day moving average, while T-Mobile (TMUS) was trading 2.1% above its average. Sprint (S) was trading 2.3% above its 100-day moving average.## Relative strength indexAs of January 7, AT&T had a 14-day RSI (relative strength index) score of 61. A stock’s 14-day RSI level is measured on a scale of zero to 100 with a 14-day RSI level of more than 70 denoting that a stock is overbought and lower than 30 indicating that a stock is oversold. A stock trading between a 14-day RSI level of 30 and 70 denotes balanced trading activity. Meanwhile, T-Mobile’s, Sprint’s, and Verizon’s 14-day RSI scores are 62, 61, and 52, respectively.Continue to Next PartBrowse this series on Market Realist: * Part 1 - Will AT&T Continue Its Earnings Growth in Q4 2018? * Part 2 - What to Expect from AT&T’s Revenue Growth in Q4 2018 * Part 3 - Will AT&T Be Able to Deliver EBITDA Growth in Q4?