Investors can use this prediction interface to forecast ATT historic prices and determine the direction of ATT future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of ATT historical fundamentals such as revenue growth or operating cash flow patterns. Although naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of ATT systematic risks associated with finding meaningful patterns of ATT fundamentals over time. Also please take a look at Historical Fundamental Analysis of ATT to cross-verify your projections.
On August 25, 2019 ATT had Accumulation Distribution of 253892.153239. The accumulation distribution (A/D) indicator shows the degree to which ATT is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of ATT to determine if accumulation or reduction is taking place in the market. This value is adjusted by ATT trading volume to give more weight to distributions with higher volume over lower volume.
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume