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At&T Inc Crosses Below its 10-day MA (T)

By David Diaz

At&T Inc (NYSE:T) crossed under its 10-day moving average of $37.41 on a volume of 1.6 million shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, At&T Inc has traded in a range of $26.80 to $38.75 and is now at $37.03, 38% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.4%.

SmarTrend is tracking the current trend status for At&T Inc and will alert subscribers who have T in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses at&t inc

Ticker(s): T