T-Mobile US (TMUS) Shares are Up 3.11%

T-Mobile US (TMUS) : Traders are bullish on T-Mobile US (TMUS) as it has outperformed the S&P 500 by a wide margin of 6.98% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.67%, 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 3.11% in the last 1 week, and is up 9.64% 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 $47.40 and $47.12 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $47.87. The buying momentum continued till the end and the stock did not give up its gains. It closed at $47.78, notching a gain of 0.95% for the day. The total traded volume was 2,399,110 . The stock had closed at $47.33 on the previous day.

The stock has recorded a 20-day Moving Average of 5.71% and the 50-Day Moving Average is 9.38%. T-Mobile US, Inc. is up 20.99% in the last 3-month period. Year-to-Date the stock performance stands at 22.14%.

T-Mobile US (TMUS) : Currently there are 14 street experts covering T-Mobile US (TMUS) stock. The most bullish and bearish price target for the stock is $56 and $29 respectively for the short term. The average price target of all the analysts comes to $49.57. The estimated standard deviation from the target is $6.5.


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