T
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AT&T Inc. (T) closed at $27.13 as of 2026-02-02, trading 44.6% above its 200-week moving average of $18.77. The stock moved further from the line this week, up from 40.1% last week. The 14-week RSI sits at 65, indicating neutral momentum.
Over the past 2154 weeks of data, T has crossed below its 200-week moving average 26 times. On average, these episodes lasted 19 weeks. Historically, investors who bought T at the start of these episodes saw an average one-year return of +6.1%.
With a market cap of $192.3 billion, T is a large-cap stock. The company generates a free cash flow yield of 7.3%, which is healthy. Return on equity stands at 18.8%, a solid level. The stock trades at 1.7x book value.
Over the past 33.2 years, a hypothetical investment of $100 in T would have grown to $1558, compared to $2849 for the S&P 500. T has returned 8.6% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -11.2% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: T vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After T Crosses Below the Line?
Across 26 historical episodes, buying T when it crossed below its 200-week moving average produced an average return of +4.7% after 12 months (median +3.0%), compared to +10.3% for the S&P 500 over the same periods. 58% of those episodes were profitable after one year. After 24 months, the average return was +8.7% vs +20.0% for the index.
Each line shows $100 invested at the moment T crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
T has crossed below its 200-week MA 26 times with an average 1-year return of +6.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Feb 2000 | Feb 2000 | 1 | 3.6% | +44.3% | +471.5% |
| Mar 2001 | Mar 2001 | 2 | 1.3% | -4.5% | +367.4% |
| Apr 2001 | Jul 2001 | 15 | 9.9% | -15.4% | +374.6% |
| Aug 2001 | Sep 2001 | 5 | 6.0% | -30.0% | +355.6% |
| Oct 2001 | Jul 2005 | 194 | 51.5% | -33.3% | +390.8% |
| Oct 2005 | Oct 2005 | 2 | 1.7% | +49.5% | +566.7% |
| Sep 2008 | Aug 2010 | 99 | 22.5% | +2.5% | +353.5% |
| Apr 2018 | May 2018 | 3 | 1.1% | +3.8% | +95.0% |
| Jun 2018 | Jul 2018 | 6 | 3.0% | +11.3% | +97.8% |
| Aug 2018 | Sep 2018 | 2 | 0.7% | +19.9% | +92.3% |
| Oct 2018 | Apr 2019 | 25 | 11.4% | +26.5% | +90.4% |
| Apr 2019 | May 2019 | 3 | 1.5% | +4.8% | +88.0% |
| May 2019 | Jun 2019 | 1 | 1.9% | +9.2% | +88.7% |
| Mar 2020 | May 2020 | 10 | 12.6% | +14.9% | +91.8% |
| Jun 2020 | Aug 2020 | 8 | 5.0% | +5.5% | +74.8% |
| Aug 2020 | Nov 2020 | 15 | 7.4% | +2.0% | +75.5% |
| Dec 2020 | Jan 2021 | 3 | 1.4% | -4.6% | +77.3% |
| Feb 2021 | Mar 2021 | 1 | 1.7% | -5.4% | +78.2% |
| Aug 2021 | Jan 2022 | 20 | 14.0% | -5.4% | +74.8% |
| Jan 2022 | Apr 2022 | 11 | 10.3% | +11.2% | +78.6% |
| Apr 2022 | May 2022 | 1 | 2.1% | -0.6% | +77.7% |
| Jul 2022 | Nov 2022 | 16 | 22.2% | -14.5% | +79.8% |
| Dec 2022 | Jan 2023 | 3 | 3.4% | -4.7% | +75.8% |
| Mar 2023 | Mar 2023 | 3 | 3.6% | -0.2% | +73.8% |
| Apr 2023 | Jan 2024 | 40 | 22.1% | -2.9% | +73.4% |
| Apr 2024 | Apr 2024 | 1 | 2.6% | +73.8% | +83.7% |
| Average | 19 | — | +6.1% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02