AT&T ends cautiously higher - Analysis - 17-03-2023

Economies.com
2 months ago

AT&T's stock (T) rose in the intraday levels, amid positive signals from the RSI, after reaching oversold levels, amid attempts to recoup some recent losses, marking a cautious profit of 0.44% in the last session, or 8 cents, and settling at 18.39, amid negative pressure from the 50-day SMA, while hurt  by piercing the upward correctional trend line in the short term.

 

Therefore we expect the stock to return lower, targeting the pivotal support of 17.64. 

 

Expected trend for today: Bearish

Stocks Technical Analysis

United States Analysis

Stocks

United Health collects profits - Analysis - 06-06-2023
20 hours ago
United Health Group Incorporated's stock (UNH) fell in the intraday levels on profit-taking, while ...
United States Analysis

Stocks

Bank of America gathers positive momentum - Analysis - 06-06-2023
20 hours ago
Bank of America's stock (BAC) fell in the intraday levels, while gathering positive momentum to ...
United States Analysis

Stocks

Bristol-Myers Squibb tries to correct downward trend - Analysis - 06-06-2023
20 hours ago
Bristol-Myers Squibb Company's stock (BMY) rose in the intraday levels, buoyed by positive signals ...