T-Mobile (TMUS) stock has declined sharply since April and the path forward is not encouraging.
Let me show you the charts and indicators.
In the daily bar chart of TMUS, below, I can see that the shares have turned lower and broken the lows going back to September/October. Prices trade below the declining 50-day moving average line and below the declining 200-day moving average line.
The On-Balance-Volume (OBV) line shows weakness from early April and tells me that sellers of TMUS have been more aggressive than buyers. The Moving Average Convergence Divergence (MACD) oscillator is below the zero line but has crossed to the upside for a cover shorts buy signal.