Score 8 (out of 10): T-MOBILE sets up for +7.4% rally in 3 months

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What’s Going On Here?

T-Mobile released its 2022 outlook alongside fourth quarter and full-year earnings, the company expects to add between 5 million and 5.5 million net postpaid customers this year. That comes after T-Mobile added 5.5 million postpaid net customers, again beating its previous guidance of 5.1 to 5.3 million, in 2021.

Why Now?

T-MOBILE US INC has triggered a new price range signal. During similar occasions, T-MOBILE US INC shares had a median return of +7.4%, over the following 3 months – based on 10 historical occasions with 8 of those showing positive returns (80%). This buy signal for T-MOBILE US INC received a high score of 8 (out of 10). This insight was generated on 2022-February-3 with last price of 120.78.

What’s This Company About?

T-MOBILE US INC is in the Cellular Telecom business. Based on the last 2 years’ risk/return profile, this asset is seen as Moderate Risk. ‘Wall Street’ analysts think the stock price will be worth +31% (average). Ticker symbol: TMUS US.

What’s My Risk / Reward and Time Horizon?

We found 3 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 129.71 (+7.4%) has been reached. Based on T- MOBILE US INC’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 118.28 (last price at 120.78), which is equivalent to a -2.1% decline.

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ shown under (2), etc. 

Previous episodes:

-1.5% (November-2021), 11.3% (April-2021), 10.7% (October-2020), 13.4% (May-2020), 10.8% (January-2020), 3% (May-2019), 4.1% (January-2019), 14.1% (June- 2018), -7.7% (January-2018), 3.7% (October-2017).

Historical Chart:

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Summary:

NameT-MOBILE US INC
ViewUp
Star (1 to 10)8.0
Target+7.4%
Time3 months
Hit Rate80%

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