AT&T Inc. (T) Stock: What Does the Chart Say Monday?

AT&T Inc. (T) stock has fallen 2.61% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

AT&T Inc. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on T!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With T Stock Today?

AT&T Inc. (T) stock is higher by 0.66% while the S&P 500 has fallen -0.78% as of 1:07 PM on Monday, May 2. T is up $0.13 from the previous closing price of $18.87 on volume of 36,873,444 shares. Over the past year the S&P 500 has fallen -2.22% while T has fallen -20.07%. T earned $2.35 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.08.

More About AT&T Inc.

Wireless is AT&T's largest business,contributing about 40% of revenue. The firm is the third- largest U.S. wireless carrier, connecting 66 million postpaid and 17 million prepaid phone customers. WarnerMedia contributes a bit less than 20% of revenue with media assets that include HBO, the Turner cable networks, and the Warner Brothers studios. AT&T plans to spin Warner off and merge it with Discovery to create a new stand-alone media firm. The firm recently sold a 30% stake in its traditional television business, which serves 15 million customers and generates about 17% of sales. This business will be removed from AT&T's financials going forward. Fixed-line telecom services provided to businesses and consumers account for about 20% of revenue, serving about 15 million broadband customers. Click Here to get the full Stock Report for AT&T Inc. stock.