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 2.68% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.73%, 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 4.28% in the last 1 week, and is up 0.61% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 0.37% and the 50-Day Moving Average is 1.29%.The 200 Day SMA reached 13.73% T-Mobile US, Inc. is up 11.44% in the last 3-month period. Year-to-Date the stock performance stands at 18.99%.
T-Mobile US (TMUS) has been rated by 14 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $56 and the lowest price target forecast is $29. The average forecast of all the analysts is $50.36 and the expected standard deviation is $6.79.
For the current week, the company shares have a recommendation consensus of Buy. T-Mobile US (NYSE:TMUS): stock was range-bound between the intraday low of $46.32 and the intraday high of $47.67 after having opened at $47.06 on Fridays session. The stock finally closed in the red at $47.06, a loss of -1.34%. The stock remained in the red for the whole trading day. The total traded volume was 5,424,619 shares. The stock failed to cross $47.67 in Fridays trading. The stocks closing price on Thursday was $46.55.