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At&T Inc (T) Breaks Through Resistance at $35.33

By Nick Russo

Shares of At&T Inc (NYSE:T) opened today above their pivot of $35.18 and have already reached the first level of resistance at $35.33. Should the shares continue to rise, the resistance pivots of $35.53 and $35.88 will be of interest.

In the past 52 weeks, shares of At&T Inc have traded between a low of $32.55 and a high of $43.89 and are now at $35.28, which is 8% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.4%.

At&T Inc (NYSE:T) has potential upside of 17.3% based on a current price of $35.28 and analysts' consensus price target of $41.38. The stock should hit resistance at its 50-day moving average (MA) of $38.49, as well as support at its 200-day MA of $35.11.

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: pivot alerts at&t inc

Ticker(s): T