AT&T's most recent trend suggests a bullish bias. One trading opportunity on AT&T is a Bull Put Spread using a strike $29.50 short put and a strike $24.50 long put offers a potential 5.71% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $29.50 by expiration. The full premium credit of $0.27 would be kept by the premium seller. The risk of $4.73 would be incurred if the stock dropped below the $24.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for AT&T is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for AT&T is bullish.
The RSI indicator is at 63.87 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for AT&T
Why filmmaker Ken Burns won't do a documentary for the streaming giants
Fri, 02 Apr 2021 10:00:00 +0000
Documentary filmmaker Ken Burns joins ‘Influencers with Andy Serwer' to discuss his partnership with PBS and explain why he won't be working with the big streaming platforms.
How AT&T Makes Money: Communications, WarnerMedia, and Latin America
Fri, 02 Apr 2021 02:43:29 +0000
AT&T Inc. (T) is one of the biggest telecommunications companies in the world. AT&T faces considerable competition from companies offering wireless, video and broadband, voice and data, media, and advertising services. Major competitors include Verizon Communications Inc. (VZ), T-Mobile US Inc. (TMUS), U.K.-based Vodafone Group PLC (VOD), and Germany-based Deutsche Telekom AG (DTEGY). AT&T's financial results in Q4 2020, which ended Dec. 31, 2020, were adversely impacted by the COVID-19 pandemic.
Netflix spends upwards of $450 million to secure ‘Knives Out' sequels: Reports
Thu, 01 Apr 2021 21:12:02 +0000
Yahoo Finance's Alexandra Canal breaks down Netflix's latest purchase as the platform looks to maintain its dominance in the streaming fight.
FirstNet & 5G: An Experience Unlike Anything Else for America's First Responders
Thu, 01 Apr 2021 13:30:00 +0000
What's the news? As public safety's partner, AT&T* is committed to evolving FirstNet® to meet first responders' needs and supporting innovative new technologies to help them stay mission ready. That's why we're announcing 3 major milestones for FirstNet, the only network built with public safety, for public safety:
Comcast Mulls Aiding Peacock by Pulling Movies From Netflix and HBO Max
Thu, 01 Apr 2021 12:47:00 +0000
Comcast's (NASDAQ: CMCSA) Peacock streaming service is pretty much an also-ran in the streaming video wars, but it could get a big boost if the cable giant follows through on early plans to yank Universal Studios content from rivals like Netflix and AT&T's HBO Max. Streaming services kicked into high gear during the pandemic, and none more so than Walt Disney's Disney+, which has already crossed the 100-million-subscriber threshold. While other studios planned their own streaming services or revamped existing ones, Disney's Star Wars spinoff, The Mandalorian, convinced the company to push more exclusive content to its own channels.
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