AT&T Inc. is a global provider of telecommunications and technology services. It operates in two main segments: Communications and Latin America. The Communications segment delivers wireless voice and data services, along with selling devices like handsets, data cards, and chargers through its stores and retail partners. It also offers Virtual Private Networks, dedicated internet, Ethernet, cloud solutions, and managed services for businesses of all sizes, as well as broadband and VoIP services for residential customers. The services are marketed under brands like AT&T, Cricket, and AT&T Fiber. The Latin America segment focuses on postpaid and prepaid wireless services in Mexico, operating under the AT&T and Unefon brands, and sells smartphones through various channels. Originally known as SBC Communications Inc., the company rebranded to AT&T Inc. in 2005 and was incorporated in 1983, with its headquarters in Dallas, Texas.
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Current RSI of this stock is 70.03, which indicates the strength of buyers.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
Based on our stock trading advice in United States, AT&T Incorporation stock price target will be USD 22.85 - USD 23 in the next 10-12 trading sessions.
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