AT&T Breaks Above 200-Day Moving Average - Bullish for T
In trading on Friday, shares of AT&T Inc (Symbol: T) crossed above their 200 day moving average of $34.40, changing hands as high as $34.80 per share. AT&T Inc shares are currently trading up about 0.7% on the day. The chart below shows the one year performance of T shares, versus its 200 day moving average:
Looking at the chart above, T's low point in its 52 week range is $31.74 per share, with $39.00 as the 52 week high point - that compares with a last trade of $34.34.
According to the ETF Finder at ETF Channel, T makes up 24.02% of the Vanguard Telecommunication Services ETF (Symbol: VOX) which is trading up by about 0.1% on the day Friday.