What Sprint’s Moving Averages Suggest

Let’s now compare Sprint’s (S) technicals with those of telecom peers. Recently, Sprint stock fell below its short-term (20-day) moving average, a bearish sign. On December 4, Sprint stock closed at $6.16, 0.8% below its 20-day moving average of $6.21, 1.6% below its 50-day moving average of $6.26, and 0.7% above its 100-day moving average of $6.12. In comparison, Verizon (VZ) and T-Mobile (TMUS) were trading 5.6% and 0.3% above their 100-day moving averages, respectively, while AT&T (T) was trading 3.8% below its average. Relative strength index