T-Mobile US had its Relative Strength (RS) Rating upgraded from 65 to 72 Monday — a welcome improvement, but still shy of the 80 or better score you look for.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks compares to other publicly traded companies.
History reveals that the market's biggest winners often have an 80 or higher RS Rating in the early stages of their moves. See if T-Mobile US can continue to show renewed price strength and hit that benchmark.
T-Mobile US is working on a consolidation with a 276.49 entry. See if it can clear the breakout price in volume at least 40% above average.
The company reported 14% EPS growth last quarter, while sales growth came in at 7%.
The company holds the No. 1 rank among its peers in the Telecom Services-Wireless industry group. Spok Holdings and US Cellular are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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