T- Mobile US (NYSE: TMUS) T-Mobile US, Inc. engages in the provision of wireless communications services under the T-Mobile and MetroPCS brands. It offers postpaid and prepaid wireless voice, messaging and data services, and wholesale wireless services. The company was founded in 1994 and is headquartered in Bellevue, WA.
Will TMUS Stock Persist Hovering Below $150?
TMUS stock price has surpassed the significant moving averages and is close to the upper zone of the consolidation range. TMUS stock was hovering in a narrow range for the past years and did not escape the highs of $150. Moreover, TMUS stock price is trading in a range and was not able to escape the 52 week highs of $154.38 and is indicating neutrality on the charts.
At press time, TMUS stock price is trading at $143.86 with an intraday gain of 1.62% suggesting neutrality on the charts. Moreover, the trading volume increased by 0.24% to 3.90 Million while the market cap is $166.37 Billion. However, analysts have maintained a strong buy rating with a yearly target price of $177.07 suggesting an outperform rating for the upcoming sessions.
TMUS Stock Price Prediction 2023
TMUS stock price is in a range and investors are not showing any intent to lift or push the stock. Amid the healthy Q3 earnings results, TMUS stock did not celebrate the numbers and stayed in a range.
If buyers succeed in escaping the range beyond $140, TMUS stock has a potential to reach the maximum of $170.
On the contrary, TMUS stock has a lower trajectory of $120 which is the demand zone, which may be retested if bears gain traction.
TMUS Stock Price Prediction 2024
If TMUS stock breaks out of the $150 level, it could surge with the positive momentum up to the $200 mark, followed by $240. Conversely, if stock continues to lose the gains below $130, the round mark of $100 will also be retested.
TMUS Stock Price Prediction 2025
TMUS stock price is trading in a narrow range and is yet to retest the 52 week high of $154. If TMUS stock surpasses the highs, it may reach the $250 mark followed by $300 in the coming years. TMUS stock has a potential to reach the maximum of $300, whereas on the contrary, if the bearish sentiments comes into the action, then TMUS stock will go below $100.
The RSI curve stays above the midline and shows a positive crossover indicating the incisiveness between the bulls and bears. The MACD shows a bullish crossover and green bars on the histogram suggesting a positive outlook.
Summary
TMUS stock price is in a congestion zone and is trading close to the 52 week high of $154. Meanwhile, the stock did not escape the range, showing low investor interest. Trading volume isn’t showing anything noteworthy.
Technical Levels
Support Levels: $135 and $125
Resistance Levels: $150 and $155
Disclaimer
The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto or stocks comes with a risk of financial loss.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while his post-graduation. He is a keen observer of details and shares his passion for writing along with being a developer. His backend knowledge about blockchain helps him give a unique perspective to his writing
Source: https://www.thecoinrepublic.com/2023/11/01/tmus-stock-price-prediction-2023-2024-2025-will-tmus-escape-150/