1
AT&T stock price (NYSE: T) fell 3.24% in the current month and is trading near a 52-week low
2
T stock price is trading below the 50-day EMA and 200-day EMA.
3
AT&T Inc. stock is in a strong downtrend.
AT&T stock price (NYSE: T) is in a correction phase and declining by forming lower low swings. It is down by 25% on a YTD basis and is trading near to the 52-week low.
T stock price is trading below the 50-day and 200-day EMA showcasing a strong downtrend. However, the current price has gone far away from both the EMAs so the short-term relief rally may trigger anytime.
In the mid of July, AT&T Inc. stock broke down the important support of $14.50. This triggered a further downfall and prices hit a 52-week low.
Later, prices showed a minor bounce and a surge in the buying volume was also visible. However, the up move is due to a short squeeze and prices again faced rejection from $15.00.
AT&T Inc. released the
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