United

Resistance

Change

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>AT&amp;T stock price is currently trading at $14.18 with a drop of 1.21% in the last 24 hours.</a> </li> 
 <li> <span>2</span> <a>T has a current market cap of $101.373 Billion.</a> </li> 
</ul> 
<p>AT&amp;T is a US-based company that provides communication and entertainment services. The company provides its services in the United States, Latin America, and Mexico. T operates in business solutions, consumer mobility, and Entertainment segments. It also provides telecommunication services across the world. The company also has some regional TV sports networks.&nbsp;</p> 
<p>The company performed poorly over the year. Year-to-date, it has given negative returns of -23.39% and -26.18% in the span of 6 months. In the last 1 month, it gave a negative return of -8.75% and -2.61% in the last seven days indicating a long Bearish trend that continues till date.</p> 
<h2 class="wp-block-heading" id="strong-technical-analysis-of-att-stock-price-in-1-d-timeframe-strong"><strong>Technical Analysis of AT&amp;T Stock Price in 1-D Timeframe</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh3.googleusercontent.com/3SaAzb5hagl_dVI3-dP51vUSFjBbayNh0Cp8yDKLXcGw2YNSCrD6Xz_mW-nd0sE7wrR6nFqp2ZL6n862EN1wE2eQZJwRYidJcgK39iiFUhRS_o-bS4DFFyUGr5bo4nr_yzy-GXeDODZ2yloEl86FCTE" alt="AT&amp;T Stock Price Prediction: Will T Change its trend In 2023?"> 
  <figcaption class="wp-element-caption">
    Source: AT&amp;T.1D.NYSE by <a href="https://www.tradingview.com/x/PSILbYfq/" rel="noopener noreferrer nofollow">TradingView</a> 
  </figcaption> 
 </figure> 
</div> 
<p>AT&amp;T (NYSE: T) stock price has been dropping steadily over the past few months. Currently, T stock is trading at $14.18 and has been trying to hold on to this level.</p> 
<p>If it cannot keep this level, the AT&amp;T price could continue to go down. However, if the T price falls, then it might hit the closest support levels of $13.43 and $11.00 respectively.</p> 
<p>At the time of publishing, AT&amp;T stock (NYSE: T) is trading below the 50 and 200-day simple moving averages.</p> 
<p>However, if selling volume adds up, then the price might conquer supporting SMAs by making lower highs and lows. Hence, the T price is expected to move downwards giving bearish views over the daily time frame chart.</p> 
<p>The MACD line at -0.1893 and the signal line at -0.1860 are above the zero line. A bearish crossover is observed in the MACD indicator which signals more bearishness for the T stock price.</p> 
<p>The current value of RSI is 42.53 points. The 14 SMA is above the median line at 38.66 points which indicates that<a href="https://www.thecoinrepublic.com/2023/08/08/ionq-stock-lost-more-than-17-bears-accumulating-near-support/" target="_blank" rel="noopener noreferrer nofollow"> the AT&amp;T stock is bearish.</a></p> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4> 
<p>The technical oscillators of the T stock price also support the bearish trend. The MACD, RSI, and EMA are emphasizing negative signs and imply that the downtrend may continue in the T stock price. AT&amp;T (NYSE: T) suggests that the investors and traders of the share price are bearish on the 1-D time frame. The price action reflects a bearish perspective at the moment.&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<ul> 
 <li><strong>Support Levels:</strong> $13.43 and $11.00.</li> 
 <li><strong>Resistance Levels:</strong> $15.13 and $16.18.</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The analysis provided in this article is for informational and educational purposes only. Do not rely on this information as financial, investment, or trading advice. Investing and trading in stock involves risk. Please assess your situation and risk tolerance before making any investment decisions.</p>

AT&T Stock Price Prediction: Will T Change its trend In 2023?

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