AT&T 1 Month Chart Technical Analysis

Chart Pattern: Bull flag(bullish) broke upwards following upward trend line(green).

Exponential Moving Average: EMA 9(green line) is above EMA 21(red line) bullish

Bollinger Band (BB): AT&T is in the upper band(red) it could be bearish, however, let’s check the volume to make sure this isn’t signifying a reversal downwards.

Moving Average Convergence Divergence: The MACD (green line) is above the signal (red line) bullish.

Volume: The volume for last month (Monday 3, Feb 2025) is higher than this month's volume (Monday 3, Mar 2025). Granted, we’re only nine days in this month.

Red Rectangular Box: AT&T is in a zone where the most bearish activity or choppiness is.

Opinion: Bullish on the 1-month chart. Everything related to the chart looks promising. The volume will come as the month progresses. If AT&T closes above my trendline $28.04, I see it going to my next target $29.72 and potentially $32.35.

Out of the money options (OTM): Calls for 18 Jul 25 100

0.63 x 100= $63.00