What T-Mobile’s Technical Indicators Say about Its Stock



Technical indicators

In the previous part of this series, we assessed the latest analyst recommendations for T-Mobile (TMUS) stock. The majority of analysts suggest a “buy” for its stock. Now, let’s look into T-Mobile’s technical indicators and compare them with its competitors in the telecom space.

Technical indicators provide guidance in predicting a stock trend’s direction. Technical indicators are crucial, as they help traders and investors make market entry and exit decisions. RSI (relative strength index) scores and moving averages are the two most frequently used technical indicators.

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100-day moving averages

On April 30, T-Mobile was trading 3.2% below its 100-day moving average. In comparison, AT&T (T) was trading ~10.8% below its 100-day moving average, and Verizon (VZ) was trading 1.8% below its 100-day moving average. Sprint (S) was trading 2.6% above its 100-day moving average.

Relative strength index

On April 30, T-Mobile had a 14-day RSI level of 37. Sprint, AT&T, and Verizon had 14-day RSI readings of 41, 20, and 56, respectively. A 14-day RSI level that is lower than 30 suggests an oversold stock, and a 14-day RSI reading that is greater than 70 suggests an overbought stock.

Check out all the data we have added to our quote pages. Now you can get a valuation snapshot, earnings and revenue estimates, and historical data as well as dividend info. Take a look!


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