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At&T Inc Set to Possibly Rebound After Yesterday's Selloff of 1.24%

By Shiri Gupta

At&T Inc (NYSE:T) traded in a range yesterday that spanned from a low of $36.97 to a high of $37.43. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $37.42 on volume of 8.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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.

At&T Inc share prices have moved between a 52-week high of $43.89 and a 52-week low of $35.81 and are now trading 3% above that low price at $37.02 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.2%.

Keywords: rebounders at&t inc

Ticker(s): T