AT&T: fifth week of the buy signal
AT&T Stock Climbs 2.8%, Edging Back Toward Its Recent Highs
Our view last week
On the daily chart AT&T's RSI climbs to 67.6 and the trend gains breadth (ADX 30.5), yet buyers make up just 31.6% of volume. The weekly picture is more cautious: the stock is compressing above the 50-week average and gained 1.6% this week, less than last week, while the buy signal enters a fading phase.
This week's summary
AT&T stock closes the week up 2.8% and edges back within a hair of its recent high, just two tenths of a percent away. On the daily chart the picture stays strong — RSI at 68.9, ADX above 34, and 96% of volume in buyers' hands — but the weekly chart shows two cracks: volume is contracting and buyer dominance is fading. The buy signal is in its fifth week, with the first target of our most advanced model already hit and the trade up 7.79% from entry.
IQS Phase
62
ordinary
Signal Strength
35
medium · weak
Sizing
REDUCED
Ranking
#134 / 175
US stocks in progress
Trade P&L %
+7.79%
from signal to date, no stop loss
Rank position
ranks 134th among the 175 Longs already running for US stocks in our ranking, with a signal strength of 35 out of 100.
Sector context
SectorCommunication Services
Benchmark ETFXLC
Sector regimein strong phase
Performanceweekly +1.43% · monthly +3.18%
T belongs to the communication services sector (reference ETF XLC). The sector is classified in strong phase according to our weekly reading.
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