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What Technical Indicators Say about Sprint Stock

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Jan. 30 2019, Updated 7:30 a.m. ET

Sprint’s moving averages

Let’s take a look at investors’ sentiment toward Sprint (S) stock. Recently, Sprint went above its 100-day moving average, which suggests a bullish sentiment for the company. On January 24, Sprint stock closed the trading day at $6.25. Based on this figure, the stock was trading 2.3% above its 20-day moving average of $6.11, 2.6% above its 50-day moving average of $6.09, and 1.0% above its 100-day moving average of $6.19.

In comparison, Verizon (VZ) was trading 1.5% above its 100-day moving average, while AT&T (T) was trading 2.0% below its average. T-Mobile (TMUS) was trading 2.1% above its 100-day moving average.

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Relative strength index

As of January 24, Sprint had a 14-day RSI (relative strength index) score of 57. A stock’s 14-day RSI level is measured on a scale of 0–100, with lower than 30 suggesting oversold status and higher than 70 indicating overbought status. A stock trading between a 14-day RSI level of 30 and 70 indicates balanced trading activity.

Meanwhile, Verizon, AT&T, and T-Mobile had a 14-day RSI score of 50, 54, and 60, respectively.

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