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At&T Inc (T) Breaks Through Support at $32.32

By David Diaz

Shares of At&T Inc (NYSE:T) have bearishly opened below the pivot of $32.41 today and have reached the first support level of $32.32. Should the shares continue to fall, the support pivots of $32.15 and $31.89 will be of interest.

In the past 52 weeks, shares of At&T Inc have traded between a low of $30.13 and a high of $39.80 and are now at $32.26, which is 7% above that low price. The 200-day and 50-day moving averages have moved 0.18% lower and 0.05% lower over the past week, respectively.

There is potential upside of 21.3% for shares of At&T Inc based on a current price of $32.26 and an average consensus analyst price target of $39.14. The stock should find resistance at its 200-day moving average (MA) of $34.74, as well as support at its 50-day MA of $32.17.

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