AT&T 1 Month Chart Technical Analysis
Chart Pattern: Bull flag(bullish) broke upwards following upward trend line(green).
Exponential Moving Average: EMA 9(green line) is above EMA 21(red line) bullish
Bollinger Band (BB): AT&T is in the upper band(red) it could be bearish, however, let’s check the volume to make sure this isn’t signifying a reversal downwards.
Moving Average Convergence Divergence: The MACD (green line) is above the signal (red line) bullish.
Volume: The volume for last month (Monday 3, Feb 2025) is higher than this month's volume (Monday 3, Mar 2025). Granted, we’re only nine days in this month.
Red Rectangular Box: AT&T is in a zone where the most bearish activity or choppiness is.
Opinion: Bullish on the 1-month chart. Everything related to the chart looks promising. The volume will come as the month progresses. If AT&T closes above my trendline $28.04, I see it going to my next target $29.72 and potentially $32.35.
Out of the money options (OTM): Calls for 18 Jul 25 100
0.63 x 100= $63.00
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.