American Tower's most recent trend suggests a bearish bias. One trading opportunity on American Tower is a Bear Call Spread using a strike $247.50 short call and a strike $252.50 long call offers a potential 21.95% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $247.50 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock rose above the $252.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for American Tower is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for American Tower is bearish.
The RSI indicator is at 59.7 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for American Tower
American Tower (AMT) to Report Q1 Earnings: What's in Store?
Fri, 24 Apr 2020 13:21:01 +0000
American Tower (AMT) is likely to have benefited from its continued focus on expansion efforts, though the slowdown of U.S. new business might have played spoilsport in Q1.
5G Will Be a Game-Changer for American Tower
Mon, 20 Apr 2020 10:00:00 +0000
With more than 180,000 tower sites across the world, American Tower Corporation (AMT) will be one of the most important players of the 5G ramp-up, notes Mike Cintolo, editor of Cabot Top Ten Trader.
American Tower Corp Is A Stock To Watch Ahead Of Earnings
Wed, 15 Apr 2020 19:00:00 +0000
American Tower Corp (AMT) is expected to report earnings on Apr. 29. The stock is now trading 5% below the 258.72 buy point from a first-stage consolidation that it cleared earlier. Read what IBD's REINHARDT KRAUSE wrote about American Tower on April 14. Understand that jumping into a stock right as it gets ready to report means you likely won't…
Recurring Revenue Makes American Tower Stock Stand Out Amid Covid-19
Tue, 14 Apr 2020 20:09:14 +0000
The economic slowdown caused by the coronavirus emergency has some investors looking for companies with a high percentage of recurring revenue, such as cell-tower operator American Tower.
This Top Fund Seeks Stocks That Defy The Coronavirus Market Crash
Mon, 13 Apr 2020 12:00:31 +0000
Amid the coronavirus stock market crash, this mutual fund seeks stocks that defy the sell-off and others that will skyrocket in the inevitable rally.
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