ATT INC (T) stock price rose during its latest intraday trading after successfully holding above the $27.45 support level, which provided positive momentum and helped the stock achieve these gains. This comes amid the dominance of the main upward trend in the short term, along with continued dynamic support as the stock trades above the 50-day simple moving average. We also notice the beginning of a positive crossover on the RSI after reaching deeply oversold levels, in an excessive manner compared to price action, suggesting the early formation of a positive divergence.

Therefore we expect the stock price to rise during upcoming trading sessions, as long as it remains stable above the $27.45 support level, targeting the $29.80 resistance level.

Todays price forecast: Bullish