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What Technical Indicators Say about T-Mobile Stock

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Technical indicators

Technical indicators help us to predict the direction of a stock’s trendline. Technical indicators help investors and traders decide their market entry and exit levels.

The two most frequently used technical aspects are the relative strength index (or RSI) scores and moving averages. Let’s see what the technical aspects say about T-Mobile (TMUS) stock and compare them to other major US wireless companies in this article.

100-day moving averages

On December 6, 2017, T-Mobile was trading 0.2% above its 100-day moving average. In comparison, AT&T (T) was trading ~2.4% below its 100-day moving average, while Verizon (VZ) was trading 5.6% above its average. Sprint (S) was trading 18.7% below its 100-day moving average.

Relative strength index

On December 6, 2017, T-Mobile had a 14-day RSI level of 74. AT&T, Sprint, and Verizon had 14-day RSI readings of 70, 20, and 87, respectively.

Normally, a 14-day RSI reading below 30 signifies an oversold stock, whereas a 14-day RSI reading above 70 signifies an overbought stock.

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