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Sprint’s Technical Indicators: A Peer Comparison


How Sprint Stock Has Reacted to Recent News PART 9 OF 9

Technical indicators

Traders and investors analyze technical indicators when making market entry and exit decisions. Moving averages and the RSI (relative strength index) are among the most widely used technical indicators.

Generally, an RSI score of below 30 signifies that a stock has been oversold, while an RSI score of above 70 indicates that a stock has been overbought. In this part of the series, we’ll look at Sprint’s (S) technical indicators and compare them with those of other telecom companies.

Sprint’s Technical Indicators: A Peer Comparison

100-day moving averages

On February 23, 2017, Sprint was trading 12.0% above its 100-day moving average. In comparison, Verizon (VZ) was trading around 0.6% above its 100-day moving average, while AT&T (T) was trading 4.9% above its average. T-Mobile (TMUS) was trading 12.9% above its 100-day moving average.

Relative strength index

Sprint currently has a 14-day RSI reading of 61. In comparison, Verizon and AT&T have 14-day RSI readings of 71 and 63, which leads traders to believe that the stocks are currently overbought. Meanwhile, T-Mobile has a 14-day RSI reading of 54.



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