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AT&T's technical performance is weak, with price rejecting the 50 level and underperforming ~70% of the market, indicating negative sentiment.
I don't hear anyone say "I love AT&T," and this chart illustrates that . Look at this thing. This is very bad, isn't it? Look how it bounces back down from the fifty level. Don't you think someone knew what was going to happen in the past two weeks, given the stock's rapid decline and today's gap?
Look at the power of "Genius", it's 34. That means 60 what? Approximately 70% or 66% of the stocks in the database are performing better than AT&T. But do you know what? I don't hear anyone say, "Man, I really like AT&T."
I like to stay and wait with them. That's great. No, people hate these companies.