T-Mobile US shares technical analysis: Approaches $160.98 resistance as buyers dominate

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T-Mobile US surges 6.57% after earnings

Highlights

T-Mobile US reported third quarter earnings of $3.22 per share and revenue of $23.58 billion, surpassing consensus estimates.
Adjusted EBITDA rose 10.8% to $9.62 billion with net income up 27.3% to $3.46 billion, and full-year guidance for service revenue and free cash flow increased.
Shares of T-Mobile US surged 6.57% to $156.97 with near-term momentum seen as strong but technicals indicate overbought conditions and an expected range of $152.96 to $160.98 in coming days.

Earnings beat and guidance lift drive investor inflows and optimism

T-Mobile US delivered a notable earnings beat for the third quarter of 2026, with $3.22 per share and revenue reaching $23.58 billion, according to Seeking Alpha. Robust operational performance and a raised full-year guidance for service revenues and free cash flow have accelerated investor demand, reflecting a positive structural shift. Yahoo Finance reported further improvements in profitability, as core adjusted EBITDA climbed 10.8% year over year to $9.62 billion and net income advanced 27.3% to $3.46 billion, underscoring the company's ability to generate cash and reward shareholders through repurchases and dividends.

Near-term support and overbought readings amid buyer dominance

TMUS is currently trading above its MA-20 ($147.84) and MA-50 ($149.95) on the H1 chart, with both levels providing recent support, but remains well below the MA-200 at $187.14 on the daily timeframe. The Ichimoku Kijun level at $151.01 represents immediate support, while key technical boundaries for the next move are set between $152.96 (support) and $160.98 (resistance). RSI at 73.61 signals extended overbought conditions, and Stochastic RSI, CCI, and Bull/Bear Power also continue to indicate buyer dominance and a potentially overheated market. MACD and the Awesome Oscillator are neutral, whereas ADX still points to the likelihood of continued buying pressure.

Range-bound outlook as consolidation likely despite upside potential

In the short term, TMUS is likely to trade within the $152.96 to $160.98 range, supported by a high 71% probability of holding or expanding the recent gains. The baseline scenario anticipates consolidation within this corridor. Should bulls overcome the upper resistance, further gains could materialize above $160.98, while a sustained move below $152.96 would signal a shift toward downside risk.

Anton Kharitonov, Traders Union expert, sees T-Mobile US trading with clear short-term momentum after strong Q3 2026 results and bullish guidance. He remains cautious due to the overbought technical setup and resistance near $160.98. Kharitonov believes the risk of a reversal or pause is elevated if the stock fails to hold above $152.96. "For now, my base case is sideways consolidation — bulls must defend $152.96 to avoid a sharper pullback."

Earlier, analysts noted that T-Mobile US faced sustained downside risk amid competitive pressures and technical uncertainty. The latest earnings beat and positive shift in key technicals mark a clear improvement in the outlook, with the $152.96 level now serving as a critical support area to monitor for signs of a change in trend.

Source of Data: TMUS Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.