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Bearish Moving Average Cross by At&T Inc (T)

By Amy Schwartz

Today, shares of At&T Inc (NYSE:T) have fallen below their 10-day MA of $31.99 on a volume of 13.7 million shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, At&T Inc share prices have been bracketed by a low of $26.80 and a high of $35.33 and are now at $31.19, 16% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.

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