AT&T amid negative outlook - Analysis - 12-12-2018

Economies.com
2018-12-12 12:13PM UTC

AT&T's stock kept falling in the last session amid the dominance of the main downward trend in the medium and short terms, with negative signals from the RSI, recording a final loss of 0.70%, or 0.21 points, amid negative pressure from the 50-day SMA. 

 

Therefore we expect more losses for the stock, as long as the resistance of 31.48 holds on, targeting the support of 28.85. 

 

Expected trend for today: Bearish 

Stocks Technical Analysis

United States Analysis

Stocks

Blackrock price tries to recoup some losses - Forecast today - 24-04-2024
2024-04-24 12:02PM UTC
Blackrock’s stock price (BLK) rose in the intraday levels, with positive signals from the RSI ...
United States Analysis

Stocks

Visa price ends cautiously higher - Forecast today - 24-04-2024
2024-04-24 12:02PM UTC
Visa’s stock price (V) rose in the intraday levels, amid the dominance of the downward ...
United States Analysis

Stocks

Oracle price breaches upward trend line - Forecast today - 24-04-2024
2024-04-24 12:01PM UTC
Oracle Corporation’s stock (ORCL) rose mildly in the intraday levels, while recouping some ...