Predict the stock price of T tomorrow?

The stock price of AT&T (T) is predicted to experience a swing tomorrow, with a 65% probability of continuing its current bullish trend. Here's a detailed analysis to support this prediction:

1. Current Trend: The stock is in a bullish trend, having been so for the past 16 days This suggests that the momentum is currently on the side of the buyers.

2. Trend Continuation Probability: The probability of the trend continuing is 65%, which is moderate This means while there's a decent chance the stock could keep rising, there's also a significant chance that the trend could reverse tomorrow.

3. Support and Resistance Levels: The stock is currently positioned between narrow support and narrow resistance levels This suggests that while there's a possibility of the price moving upwards, it's also nearing a level where it might face resistance, potentially leading to a pullback or consolidation.

4. Market Sentiment: Overall market sentiment is mixed with recent performances. While the stock has outperformed its peers in the past year, earnings estimates have been revised downwards, indicating potential concerns about profitability. Additionally, the stock has been the subject of mixed blogger sentiments, with some bullish predictions and others suggesting a potential top to avoid.
5. Technical Indicators: The stock's closing price and trading volume are $27.76 and 29.16 million shares, respectively. These figures can be used to confirm any potential breakouts or reversals that may occur tomorrow.

In conclusion, while there's a decent chance that AT&T's stock price could continue its upward trend tomorrow, the probability is not exceptionally high. The stock's recent performance and current positioning suggest a swing in the stock price is a more likely outcome, with a potential for the price to move within its current support and resistance levels.