VERIZON COMMUNICATIONS INC (BAC.DE) Stock Technical Analysis
FRA:BAC - Deutsche Boerse Ag - US92343V1044 - Common Stock - Currency: EUR
Taking everything into account, BAC scores 2 out of 10 in our technical rating. In the past year, BAC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
76% of all other stocks performed better in the past year than BAC.
BAC is one of the lesser performing stocks in the Diversified Telecommunication Services industry. 75% of 30 stocks in the same industry do better.
BAC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BAC is lagging the market.
Warning: BAC has an average volume of 6354 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BAC has a been trading in the 35.06 - 37.59 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BAC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 37.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.11, a Stop Loss order could be placed below this zone.
More info and screens
34.74
42.93
When analyzing the support we can see 2 important areas.
- A support zone ranging from 36.34 to 37.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.09 to 35.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @37.48 from a horizontal line in the daily time frame.
- A resistance zone ranging from 39.04 to 39.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 42.06 to 42.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BAC.DE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BAC.DE is up. |
| ChartMill Relative Strength | 24.01 | NEGATIVE | BAC.DE has a low relative strength, it was outperformed by 75.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BAC.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BAC.DE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BAC.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.59 | NEUTRAL | The RSI value for BAC.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests BAC.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.29 | OVERBOUGHT | The high Stochastics value suggests BAC.DE may be overbought. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for BAC.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 15.89 | NEGATIVE | The low ADX value for BAC.DE suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
FRA:BAC (8/1/2025, 7:00:00 PM)
37.185
-0.29 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-0.77%
1 Week1.77%
2 Weeks5.93%
1 Month0.26%
3 Month-3.68%
6 Month-2.63%
12 Month0.2%
2 Year15.57%
3 Year-11.36%
5 Year-24.95%
10 Year-9.19%
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%1.68%
ATR Inc3.42%
Range Today0.63
ADR(20)0.6
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.01
Mansfield-1
10 Day High37.6
10 Day Low35.19
20 Day High37.6
20 Day Low35.07
52 Week High43.64
52 Week Low35
CS1 End37.11
CR1 Start37.48
Volume & EV
DER(3)-0.43%
DER(5)-0.32%
Volume3.63K
Volume Incr-50.39%
Vol(5)3.98K
Vol(50)6.35K