AT&T Shares Fall Below 200-Day Moving Average

AT&T (T) shares have fallen below their 200-day moving average of $26.83, trading as low as $26.23. This represents a 2.9% decrease on the day. The 52-week low for T is $21.05, while the high is $29.79.

AT&T Inc. (T) shares have fallen below their 200-day moving average (DMA) of $26.83, trading as low as $26.23 on Monday. This represents a 2.9% decrease on the day, according to data from TechnicalAnalysisChannel.com AT&T (T) Shares Cross Below 200 DMA^[1]. The 52-week low for T is $21.05, while the 52-week high is $29.79.

The move below the 200-day DMA is a technical indicator that suggests a potential downward trend in the stock's price. However, it is important to note that this indicator alone does not provide a definitive signal for future price movements. Investors should consider other factors such as the company's fundamentals, earnings reports, and market conditions.

In the latest quarter, AT&T reported mixed results. While the company added 401,000 postpaid phone subscribers, mobility service revenues climbed 3.5% to $16.9 billion, offsetting a slight uptick in churn. However, fiber growth came in lighter than hoped, with a net gain of 243,000 subscribers St. Louis Financial Sells $3.3 Million in AT&T Stock With Next Earnings on Deck^[2]. This disappointment contributed to a dip in the stock despite otherwise solid results.

St. Louis Financial Planners Asset Management sold 116,126 shares of AT&T in the third quarter for an estimated $3.3 million, representing about 2.1% of the fund’s 13F assets under management St. Louis Financial Sells $3.3 Million in AT&T Stock With Next Earnings on Deck^[2]. The firm reported holding 10,278 AT&T shares worth $290,267 at the end of the quarter. The AT&T stake now represents 0.2% of reported assets, placing it outside the fund’s top five holdings.

Looking ahead, AT&T is due to report earnings at the end of the month. Investors will be watching to see if wireless momentum can continue while fiber re-accelerates. With a strong dividend, reliable cash flow, and ambitious fiber build-out plans, AT&T remains a steady income play, but execution on growth initiatives will determine how well it can deliver beyond yield.