In the previous article, we examined analysts’ latest recommendations on T-Mobile (TMUS) stock. The majority of analysts are currently suggesting “buys” on TMUS.
Now let’s take a look at T-Mobile’s technical indicators and compare them to those of its peers in the telecommunications space. Moving averages and RSI (relative strength index) scores are the two most frequently used technical indicators.
A stock’s short-term moving average being lower than its long-term moving average suggests technical weakness and negative investor sentiments. T-Mobile’s 20-day moving average of $59.25 is lower than its 100-day moving average of $60.05, indicating technical weakness.
100-day moving averages
Relative strength index
A stock’s 14-day RSI level is measured on a scale of 0–100, with a 14-day RSI level of above 70 indicating that the stock has been overbought and a 14-day RSI reading of below 30 suggesting that it has been oversold.
On July 2, T-Mobile had a 14-day RSI level of 65. Meanwhile, Sprint, AT&T, and Verizon had 14-day RSI levels of 56, 32, and 60, respectively.
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!