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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 $33.23 on a volume of 70.0 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, shares of At&T Inc have traded between a low of $31.17 and a high of $39.80 and are now at $32.82, which is 5% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.2%.

SmarTrend is monitoring the recent change of momentum in At&T Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of At&T Inc in search of a potential trend change.

Keywords: moving crosses at&t inc

Ticker(s): T