Although the news has not gone on the record, T-Mobile has quietly confirmed to Light Reading that it had launched 5G services in 30 cities in the U.S. But it has not yet begun active or commercial services on this network, as compatible 5G smartphones are yet to hit the market.
T-Mobile did not provide details on its 5G deployment progress in those 30 cities. Therefore, it's difficult to assess whether those efforts involve just one or two cell sites or sites that span a full city.
T-Mobile’s launch timeline is relatively close with that of its rivals, like AT&T (T) and Verizon (VZ), with the former already having launched mobile 5G service in 12 cities. Further, it has promised to offer mobile 5G smartphones in the coming months. Sprint and Verizon too have promised mobile 5G launches with smartphones in the coming months.
T-Mobile's 5G plans are noteworthy because the operator is the only major wireless network provider that is planning to launch 5G services on 600MHz spectrum.
The RSI Oscillator for TMUS moved out of oversold territory on June 05, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 20 similar instances when the indicator left oversold territory. In of the 20 cases the stock moved higher. This puts the odds of a move higher at .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 58 cases where TMUS's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TMUS advanced for three days, in of 333 cases, the price rose further within the following month. The odds of a continued upward trend are .
TMUS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Momentum Indicator moved below the 0 level on May 18, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on TMUS as a result. In of 104 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for TMUS turned negative on May 17, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 54 similar instances when the indicator turned negative. In of the 54 cases the stock turned lower in the days that followed. This puts the odds of success at .
TMUS moved below its 50-day moving average on April 28, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for TMUS crossed bearishly below the 50-day moving average on May 04, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 20 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TMUS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for TMUS entered a downward trend on June 05, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. TMUS’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.371) is normal, around the industry mean (5.796). P/E Ratio (43.103) is within average values for comparable stocks, (133.829). Projected Growth (PEG Ratio) (0.332) is also within normal values, averaging (9.973). Dividend Yield (0.000) settles around the average of (0.110) among similar stocks. P/S Ratio (2.086) is also within normal values, averaging (65.764).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of wireless voice, messaging and data services
A.I.dvisor indicates that over the last year, TMUS has been loosely correlated with T. These tickers have moved in lockstep 51% of the time. This A.I.-generated data suggests there is some statistical probability that if TMUS jumps, then T could also see price increases.
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