American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

AT&T readies to pierce pivotal resistance - Analysis - 26-01-2023

Economies.com
2023-01-26 12:42PM UTC

AT&T's stock (T) rose in the intraday levels after turning to losses due to costs of restructuring, however it showed continued subscribers growth in the fourth quarter, sending the stock up 6.58% in the last session, or 1.26 points, and settling at 20.42, with trading volumes surpassing 73.5 million shares, above 10-day averages of 38.1 million shares. 

 

Technically,. the upward correctional trend dominates in the short term, with positive support from the 50-day SMA, coupled with positive signals from the RSI.

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 21.39, provided it settles above the support of 19.12. 

 

Expected trend for today: Bullish

Stocks Technical Analysis

United States Analysis

Stocks

Dick's Sporting price exposed to a free fall - Forecast today - 23-05-2024
2024-05-23 11:12AM UTC
Dick’s Sporting Goods’ stock price (DKS) kept falling in the intraday levels, ...
United States Analysis

Stocks

Adobe price tests downward correctional trend line - Forecast today - 23-05-2023
2024-05-23 11:11AM UTC
Adobe’s stock price (ADBE) inched up in the intraday levels, testing the downward ...
United States Analysis

Stocks

Didi Global price returns higher - Forecast today - 23-05-2024
2024-05-23 11:11AM UTC
Didi Global’s stock (DIDIY) returned higher in the intraday levels, amid positive pressure ...