AT&T Inc.(NYSE:T) Heffx Technical Analysis
Overall, the bias in prices is: Sideways.
Short term: Prices are stalling.
Intermediate term: Prices are ranging.
By the way, prices are vulnerable to a correction towards 41.06.
The projected upper bound is: 42.67.
The projected lower bound is: 40.20.
The projected closing price is: 41.43.
A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 5 white candles and 5 black candles. During the past 50 bars, there have been 19 white candles and 29 black candles for a net of 10 black candles.
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 87.2117. This is an overbought reading. However, a signal is not generated until the Oscillator crosses below 80 The last signal was a buy 22 period(s) ago.
Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 55.64. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 11 period(s) ago.
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 122.This is an overbought reading. However, a signal isn’t generated until the indicator crosses below 100. The last signal was a buy 8 period(s) ago.
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 4 period(s) ago.
Rex Takasugi – TD Profile
AT&T closed up 0.320 at 41.460. Volume was 7% below average (neutral) and Bollinger Bands were 14% narrower than normal.
Open High Low Close Volume___
41.250 41.695 41.060 41.460 5,442,564
Short Term: Overbought
Intermediate Term: Bullish
Long Term: Bullish
Moving Averages: 10-period 50-period 200-period
Close: 40.61 41.70 38.97
Volatility: 15 19 17
Volume: 6,874,747 5,443,481 6,535,255
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
AT&T is currently 6.4% above its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of T.N at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on T.N and have had this outlook for the last 0 periods.
Latest posts by HEFFX Australia (see all)
- PepsiCo (NYSE:PEP) Heffx Technical Review - November 20, 2017
- Hewlett Packard Enterprise (NYSE:HPE) Stock Bullish Divergence - November 20, 2017
- Urban Outfitters (NASDAQ:URBN) Up 5.48% - November 20, 2017