T-Mobile US (TMUS) : Traders are bullish on T-Mobile US (TMUS) as it has outperformed the S&P 500 by a margin of 3.56% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.69%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.32% in the last 1 week, and is up 10.56% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
T-Mobile US (NYSE:TMUS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.93 and $44.83 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.56. The buying momentum continued till the end and the stock did not give up its gains. It closed at $45.44, notching a gain of 1.72% for the day. The total traded volume was 2,312,377 . The stock had closed at $44.67 on the previous day.
The stock has recorded a 20-day Moving Average of 4.53% and the 50-Day Moving Average is 6.55%. T-Mobile US, Inc. is up 12.98% in the last 3-month period. Year-to-Date the stock performance stands at 16.16%.