{"id":4555,"date":"2026-04-21T15:16:40","date_gmt":"2026-04-21T15:16:40","guid":{"rendered":"https:\/\/tradertideinsights.com\/?p=4555"},"modified":"2026-04-21T15:16:40","modified_gmt":"2026-04-21T15:16:40","slug":"att-stock-price-flashes-an-alarming-pattern-ahead-of-earnings","status":"publish","type":"post","link":"https:\/\/tradertideinsights.com\/?p=4555","title":{"rendered":"AT&T stock price flashes an alarming pattern ahead of earnings"},"content":{"rendered":"
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AT&T stock price has come under pressure in the past few weeks, and technicals suggest that it may crash further in the near term. T was trading at $26 on Tuesday, down modestly from the year-to-date high of $30.<\/p>\n

AT&T stock forms a double-top pattern <\/h2>\n

The weekly timeframe chart shows the AT&T stock price has been in a downward trend in the past few weeks, moving from a high of $30 to $26.20 today.<\/p>\n

A closer look shows that the stock has formed a double-top pattern at ~$30 and a neckline at $22.95, its lowest level this year. A double-top is one of the most common bearish reversal signs in technical analysis.<\/p>\n

The stock is hovering near the 23.6% Fibonacci retracement level and has moved slightly below the 50-week Exponential Moving Average (EMA). Also, the Relative Strength Index (RSI) and the Aroon Oscillator have pointed downwards.<\/p>\n

Therefore, the double-top pattern<\/a> points to a bearish breakdown in the coming days possibly after the company publishes its financial results on Wednesday this week. <\/p>\n

More downside may push the stock downward, possibly to the key support level at $22.95, its lowest level this year and the neckline of the double-top pattern. This target is about 12.5% below the current level.<\/p>\n

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AT&T stock chart | Source: TradingView <\/em><\/p>\n

AT&T to publish its earnings this week <\/h2>\n

The next important catalyst for AT&T stock will be its earnings, which will come out on Wednesday this week.<\/p>\n

Analysts expect these results to show that its revenue held steady in the first quarter, helped by the strong postpaid phone additions and little churn.<\/p>\n

The average estimate is that its revenue rose by 2% to $31.24 billion, while its earnings-per-share (EPS) rose to $0.55 from $0.51 in the same period a year earlier. <\/p>\n

Its guidance for the second quarter is that its revenue will rise by 2.44% to $31.6 billion. AT&T\u2019s earnings have done better than estimates in the last three consecutive quarters, meaning that the trend will likely continue this time.<\/p>\n

AT&T has gone through a major turnaround in the past few years. It exited the media industry by spinning off its Warner Bros business, and at some point, it slashed its dividend, a move that hurt many income investors.<\/p>\n

In the long-term, the company said that its business will continue generating low-single-digit service revenue in the coming years, with the adjusted EBITDA rising by between 3% and 4%.<\/p>\n

AT&T also announced plans to boost shareholder returns. It plans to spend over $45 billion in dividends and buybacks between 2026 and 2028. It will maintain its dividend at $1.11 per share.<\/p>\n

Analysts believe that the AT&T stock price is a bargain. Data shows that the average stock price estimate is $30.4, up modestly from the current $26. Some of the most notable analysts who boosted the estimate were from Scotiabank, Citigroup, and Goldman Sachs.<\/p>\n

Therefore, while the company has modest fundamentals, technicals are sending a different message. This could be a sign that the stock will drop before staging a strong comeback later this year.<\/p>\n

The post AT&T stock price flashes an alarming pattern ahead of earnings<\/a> appeared first on Invezz<\/a><\/p>\n

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AT&T stock price has come under pressure in the past few weeks, and technicals suggest that it may crash further in the near term. T was trading at $26 on Tuesday, down modestly from the year-to-date high of $30.AT&T stock forms a double-top pattern The weekly timeframe chart shows the AT&T stock price has been in…<\/p>\n","protected":false},"author":1,"featured_media":4556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock"],"_links":{"self":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4555"}],"version-history":[{"count":0,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4555\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/media\/4556"}],"wp:attachment":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}