AT&T's most recent trend suggests a bearish bias. One trading opportunity on AT&T is a Bear Call Spread using a strike $27.50 short call and a strike $32.50 long call offers a potential 5.93% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $27.50 by expiration. The full premium credit of $0.28 would be kept by the premium seller. The risk of $4.72 would be incurred if the stock rose above the $32.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for AT&T 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 AT&T is bearish.
The RSI indicator is at 35 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for AT&T
Altice USA’s Broadband Internet Momentum Continued in the Third Quarter
Thu, 29 Oct 2020 22:15:00 +0000
It’s the latest cable provider to show growth in new customers and higher revenue from existing ones in the third quarter.
T-Mobile's Taking On Disney, DISH Network, and AT&T
Thu, 29 Oct 2020 16:30:00 +0000
T-Mobile (NASDAQ: TMUS) is joining the new generation of pay-TV providers, offering an over-the-top virtual MVPD solution. TVision, a revamp of its more traditional video service that it launched in select markets last year, will be available nationwide, but exclusive to T-Mobile and Sprint customers to start. The new TVision is focused on skinny bundles starting as low as $10 per month.
Better Buy: Netflix vs. AT&T
Thu, 29 Oct 2020 15:30:00 +0000
In the past, Netflix (NASDAQ: NFLX) and AT&T (NYSE: T) generally weren't considered competitors. Netflix owned one of the world's largest video streaming platforms, and AT&T mainly provided wireless, wireline, and pay TV services in the U.S. and Latin America.
IBM, AT&T Will Partner on a 5G-Powered Hybrid Cloud Initiative
Thu, 29 Oct 2020 14:46:00 +0000
International Business Machines (NYSE: IBM) and AT&T (NYSE: T) are forming a partnership in the cloud, they announced today. Using AT&T's 5G networks and IBM Cloud Satellite with Red Hat OpenShift, both companies will help organizations manage applications hosted in the hybrid cloud. The hybrid cloud environment will connect through AT&T Multi-Access Edge Computing.
Forget AT&T’s Lofty 7.8% Yield. Its Dividend Looks Safe.
Thu, 29 Oct 2020 13:30:00 +0000
Whether AT&T can extend its streak of dividend increases is subject to debate among market watchers. But the telecom and media company has said that the quarterly payout is a priority and that it has the financial wherewithal to keep it going.
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