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Behind T-Mobile’s Moving Averages

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Moving average convergence divergence

MACD (moving average convergence divergence) assesses the change between a stock’s short-term and long-term moving averages. A positive MACD indicates that a stock is following an upward trading trend, while a negative MACD indicates that it is following a downward trend. As of October 16, 2017, T-Mobile (TMUS) had a MACD of -0.43. AT&T’s (T) MACD is 0.12, Verizon’s (VZ) is 0.30, and Sprint’s (S) is -0.19.

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Analysts’ recommendations

As of October 16, 2017, of the 29 analysts tracking T-Mobile stock, 72% had recommended “buy,” 24% had recommended “hold,” and 4% had recommended “sell.”

T-Mobile’s scale

As of October 16, 2017, T-Mobile’s market capitalization was ~$50.7 billion, the third highest in the US wireless space. In comparison, Verizon’s market capitalization was ~$196.2 billion, AT&T’s was ~$222.1 billion, and Sprint’s was ~$28.6 billion.

Short interest ratio

As of October 16, 2017, T-Mobile’s short interest as a percentage of its shares outstanding was ~7.1%. Normally, if a stock’s short interest ratio is over 40%, traders and investors expect the stock’s price to fall.

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