AT&T · Open buy, week 10
AT&T drops 4.3% and slips below its 20-, 50- and 100-week moving averages
Our view last week
A flat week for AT&T, -0.1%, yet inside the bar the leadership changed hands: after a week ruled by sellers, volume swung back to buyers and money flow is rising again. AT&T stock holds above its 50-week moving average, while the technical analysis flags an ADX fading for 10 weeks, a weakening MACD and weekly price action that leans lower. Among US stocks with weekly buy signals, AT&T's trade is up 5.2% since entry.
This week's summary
AT&T stock drops 4.3% and slips below its 20-, 50- and 100-week moving averages, which were still holding a week ago. Price closed below the first stop level (SL1) flagged in last week's card (24.36 area): for anyone following that level the trade is closed. The close and the Inversion Point, in the 24 area, have already crossed with no change of sign declared: one to watch in the coming sessions.
IQS Phase
45
ordinary
Signal Strength
47
medium · weak
Sizing
REDUCED
Ranking
#69 / 93
US stocks in progress
Trade P&L %
+0.70%
from signal to date, no stop loss
AT&T (T) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 69th among the 93 Longs already running for US stocks in our ranking, with a signal strength of 47 out of 100.
Sector context
SectorCommunication Services
Benchmark ETFXLC
Sector regimein positive regime
Performanceweekly -2.34% · monthly -1.87%
T belongs to the communication services sector (reference ETF XLC). The sector is classified in positive regime according to our weekly reading.
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