NYSE trade advice (C): US Telecommunications Equipment stock | 4-5% gain | USA stock trading idea on 2 Oct 2024

Stock Market
NYSE, United States of America

Stoploss reached. Trade closed.

6 days
10 Oct 2024
2 Oct 2024
Loss per
100,000 USD
6 days
-2,059
Stop-loss
10 Oct 2024
21.4
Buy Advice
2 Oct 2024
21.85 – 22
Target 1
22.85
Target 2
23
Profit per
100,000 USD
-2,059
21.4
21.85 – 22
22.85
23
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • AT&T Incorporation
  • 21.85 – 22
  • 22.85 – 23
  • Below 21.4
  • 4% – 5%
  • 10 - 12 Days
  • Buy AT&T Incorporation
  • Buy
    Range
    21.85 – 22
  • Target 22.85 – 23
  • Stoploss Below 21.4
  • Upside
    Potential
    4% – 5%
  • Trade
    Duration
    10 - 12 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    AT&T Incorporation (NYSE: T) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • T
  • AT&T Incorporation
  • Telecommunications Equipment
  • 22.34
  • 14.12
  • NYSE code T
  • Stock Name AT&T Incorporation
  • Sector Telecommunications Equipment
  • 52 Weeks High 22.34
  • 52 Weeks Low 14.12
  • Company profile

    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.

  • AT&T Incorporation (NYSE: T) vs NYSE - Relative Strength Comparison

    The image compares AT&T's 1-year performance to NYSE.
    Relative Performance - Last 1 Year
    T —   NYSE —

  • AT&T Incorporation (NYSE: T) - Technical Analysis (Daily)

    AT&T Incorporation - Technical Analysis chart on Daily Price and Volume
    AT&T Incorporation - Technical Analysis chart on Daily Price and Volume

    • The daily chart shows that following a prolonged phase of consolidation, the price has developed a Symmetrical Triangle pattern.
    • After breaking out of this pattern, the price saw a notable increase, successfully exceeding the previous strong resistance area near the 21.5 level and is currently trading just above this breakout level.
    • It is expected that the price will keep rising from its current level, potentially reaching even higher levels in the near future.
  • AT&T Incorporation (NYSE: T) - RSI Indicator

    AT&T Incorporation stock analysis based on RSI indicator
    AT&T Incorporation - RSI indicator

    • Current RSI of this stock is 70.03, which indicates the strength of buyers.

  • AT&T Incorporation (NYSE: T) - ADX & DI Indicator

    AT&T Incorporation stock analysis based on ADX & DI indicator
    AT&T Incorporation - ADX & DI indicator

    • 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.

  • AT&T Incorporation (NYSE: T) - EMA Crossover

    AT&T Incorporation stock analysis based on EMA Crossover
    AT&T Incorporation - EMA Crossover

    • 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.

  • Conclusion - AT&T Incorporation (NYSE: T) Stock Price Forcast

    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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