Sprint’s moving averages
Recently, Sprint (S) stock fell below its 100-day and 20-day moving averages, suggesting a bearish sentiment in the company. On December 27, the stock closed the trading day at $5.85. Based on this figure, it was trading 2.8% below its 20-day moving average of $6.02, 4.4% below its 50-day moving average of $6.12, and 5.3% below its 100-day moving average of $6.18.
In comparison, Verizon (VZ) was trading 0.9% below its 100-day moving average, while AT&T (T) was trading 11.1% below its 100-day moving average. T-Mobile (TMUS) was trading 6.5% below its 100-day moving average.
Relative strength index
On December 27, Sprint had a 14-day RSI (relative strength index) score of 44. A stock’s 14-day RSI score is measured on a scale of 0–100. According to technical analysts, a stock is considered “overbought” when its 14-day RSI score rises above 70, while it’s considered “oversold” when its 14-day RSI score drops below 30. A stock’s trading between a 14-day RSI level of 30 and 70 suggests balanced trading activity.
Meanwhile, Verizon, T-Mobile, and AT&T had 14-day RSI scores of 42, 37, and 36, respectively.