Sentiment: Neutral. Dividend yield (4-5%) and debt reduction ($123B) attract income seekers, but telecom competition and tariff fears limit enthusiasm. X posts praise stability, though growth concerns persist.
Outlook: Neutral, slightly bullish. Options pin $27, with call buying eyeing $28. ICT/SMT supports $26-$26.50 buys to $27.50-$28 if support holds. Bearish risk below $25 low unless earnings falter.
Influential News:
--Federal Reserve: Rates unchanged, two 2025 cuts expected, easing debt costs. Liquidity boost mildly positive.
--Earnings: Q1 due April 23 (EPS $1.97-$2.07 vs. $2.13). Fiber (28.9M locations) and cash flow (>$16B) could lift if beat.
--Chatter: X mixed—stability vs. tariff risks. Analyst focus on earnings revisions.
--Mergers and Acquisitions (M&A): Talks to acquire Lumen’s fiber unit ($5.5B+), potentially boosting growth but risking debt concerns.
--Other: Tariffs caused volatility;
T stable. Broadband expansion adds value.
Indicators:
--Weekly:
----RSI: ~45 (neutral).
----Stochastic: ~50 (neutral).
----MFI: ~40 (neutral).
----SMAs: 10-day ~$27.10 (below, bearish), 20-day ~$27.30 (below, bearish).
----Interpretation: Neutral, bearish SMA signals suggest consolidation.
--Daily:
----RSI: ~48 (neutral).
----Stochastic: ~55 (neutral).
----MFI: ~45 (neutral).
----SMAs: 10-day ~$27.10 (below, bearish), 20-day ~$27.30 (below, bearish).
----Interpretation: Neutral, bearish SMAs indicate pullback but recovery possible.
--Hourly:
----RSI: ~50 (neutral).
----Stochastic: ~60 (neutral).
----MFI: ~50 (neutral).
----SMAs: 10-day ~$27.10 (below, bearish), 20-day ~$27.30 (below, bearish).
----Interpretation: Neutral, mildly bullish momentum.
Price Context: $26.79 (April 11 close), 1M: -6%, 1Y: +59%. Range $25-$29, holding $26 support amid tariff concerns.
Options Positioning (May 2025):
-Volume:
----Calls: $27 (3,500, 60% ask = buying), $28 (2,500, 55% ask). Bullish bets on $27-$28.
---Puts: $25 (2,000, 70% bid = selling), $26 (1,500, 65% bid). $25 put selling supports $26 floor.
-Open Interest:
---Calls: $27 (10,000, +2,000 = buying), $28 (7,000, +1,500). Institutional bullishness.
---Puts: $25 (4,000, flat), $26 (6,000, +1,000). Hedging, not bearish. Put-call ~0.9.
-IV Skew:
---Calls: $27 (25%), $28 (27%, up 2%). $28 IV rise shows $28+ speculation.
---Puts: $25 (22%, down 1%), $26 (24%). Falling $25 IV reinforces $26 support.
-Probability: 60% $25-$28, 20% >$29.
Karsan’s Interpretation:
---Vanna: Neutral (~50k shares/1% IV). Stable IV limits flows; earnings IV spike could push
$27.50.
---Charm: Neutral (~20k shares/day). Pins $27.
---GEX: +20,000. Dealers sell $28, buy $26, holding range.
---DEX: +1M shares, neutral.
---Karsan view: GEX pins $26-$28; catalyst needed.
ICT/SMT Analysis:
--Weekly: Neutral, $25 support, $29 resistance. No $T/
VZ divergence (~$43 VZ).
--Daily: Bullish at $26 FVG, targets $28. Bearish < $26.
--1-Hour: Bullish >$26.50, $27.50 target. MSS at $26.50.
--10-Minute: OTE ($26.69-$26.80, $26.73) for buys, NY AM (8:30-11:00 AM).
Trade Idea:
---Bullish: 60%. ICT/SMT buys $26-$26.50 to $27.50-$28 (OTE $26.73). Options favor $27-$28
calls. Earnings, M&A, Fed cuts support.
---Neutral: 30%. RSI (~45), SMAs (bearish), $25-$29 range, balanced options (put-call ~0.9).
---Bearish: 10%. Below $25 needs earnings miss. Low $25 put volume.
Outlook: Neutral, slightly bullish. Options pin $27, with call buying eyeing $28. ICT/SMT supports $26-$26.50 buys to $27.50-$28 if support holds. Bearish risk below $25 low unless earnings falter.
Influential News:
--Federal Reserve: Rates unchanged, two 2025 cuts expected, easing debt costs. Liquidity boost mildly positive.
--Earnings: Q1 due April 23 (EPS $1.97-$2.07 vs. $2.13). Fiber (28.9M locations) and cash flow (>$16B) could lift if beat.
--Chatter: X mixed—stability vs. tariff risks. Analyst focus on earnings revisions.
--Mergers and Acquisitions (M&A): Talks to acquire Lumen’s fiber unit ($5.5B+), potentially boosting growth but risking debt concerns.
--Other: Tariffs caused volatility;
T stable. Broadband expansion adds value.Indicators:
--Weekly:
----RSI: ~45 (neutral).
----Stochastic: ~50 (neutral).
----MFI: ~40 (neutral).
----SMAs: 10-day ~$27.10 (below, bearish), 20-day ~$27.30 (below, bearish).
----Interpretation: Neutral, bearish SMA signals suggest consolidation.
--Daily:
----RSI: ~48 (neutral).
----Stochastic: ~55 (neutral).
----MFI: ~45 (neutral).
----SMAs: 10-day ~$27.10 (below, bearish), 20-day ~$27.30 (below, bearish).
----Interpretation: Neutral, bearish SMAs indicate pullback but recovery possible.
--Hourly:
----RSI: ~50 (neutral).
----Stochastic: ~60 (neutral).
----MFI: ~50 (neutral).
----SMAs: 10-day ~$27.10 (below, bearish), 20-day ~$27.30 (below, bearish).
----Interpretation: Neutral, mildly bullish momentum.
Price Context: $26.79 (April 11 close), 1M: -6%, 1Y: +59%. Range $25-$29, holding $26 support amid tariff concerns.
Options Positioning (May 2025):
-Volume:
----Calls: $27 (3,500, 60% ask = buying), $28 (2,500, 55% ask). Bullish bets on $27-$28.
---Puts: $25 (2,000, 70% bid = selling), $26 (1,500, 65% bid). $25 put selling supports $26 floor.
-Open Interest:
---Calls: $27 (10,000, +2,000 = buying), $28 (7,000, +1,500). Institutional bullishness.
---Puts: $25 (4,000, flat), $26 (6,000, +1,000). Hedging, not bearish. Put-call ~0.9.
-IV Skew:
---Calls: $27 (25%), $28 (27%, up 2%). $28 IV rise shows $28+ speculation.
---Puts: $25 (22%, down 1%), $26 (24%). Falling $25 IV reinforces $26 support.
-Probability: 60% $25-$28, 20% >$29.
Karsan’s Interpretation:
---Vanna: Neutral (~50k shares/1% IV). Stable IV limits flows; earnings IV spike could push
$27.50.
---Charm: Neutral (~20k shares/day). Pins $27.
---GEX: +20,000. Dealers sell $28, buy $26, holding range.
---DEX: +1M shares, neutral.
---Karsan view: GEX pins $26-$28; catalyst needed.
ICT/SMT Analysis:
--Weekly: Neutral, $25 support, $29 resistance. No $T/
VZ divergence (~$43 VZ).--Daily: Bullish at $26 FVG, targets $28. Bearish < $26.
--1-Hour: Bullish >$26.50, $27.50 target. MSS at $26.50.
--10-Minute: OTE ($26.69-$26.80, $26.73) for buys, NY AM (8:30-11:00 AM).
Trade Idea:
---Bullish: 60%. ICT/SMT buys $26-$26.50 to $27.50-$28 (OTE $26.73). Options favor $27-$28
calls. Earnings, M&A, Fed cuts support.
---Neutral: 30%. RSI (~45), SMAs (bearish), $25-$29 range, balanced options (put-call ~0.9).
---Bearish: 10%. Below $25 needs earnings miss. Low $25 put volume.
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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.