VERIZON COMMUNICATIONS INC (VZ) Stock Technical Analysis
NYSE:VZ - US92343V1044 - Common Stock
43.8 USD
-0.43 (-0.97%)
43.76 USD
-0.04 (-0.09%)
Taking everything into account, VZ scores 6 out of 10 in our technical rating. Although VZ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
VZ has an average volume of 17909300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, VZ outperforms 46% of them, which is more or less in line with the market.
VZ is an average performer in the Diversified Telecommunication Services industry, it outperforms 57% of 36 stocks in the same industry.
VZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VZ is lagging the market.
In the last month VZ has a been trading in the 42.17 - 45.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, VZ does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
38.50
46.97
2 important support areas can be observed.
- A support zone ranging from 41.54 to 41.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.89 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 43.86 to 44.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 45.62 to 46.50. 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 | UP | POSITIVE | The long term trend for VZ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VZ is neutral. |
| ChartMill Relative Strength | 46.09 | NEUTRAL | VZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of VZ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.16 | NEUTRAL | The RSI value for VZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests VZ has a negative trend. |
| Stochastics (14,3) | 35.96 | NEUTRAL | The Stochastics value for VZ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for VZ suggests low volalility. |
| Average Directional Index/ADX (14) | 15.03 | NEGATIVE | The low ADX value for VZ 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)
43.8
-0.43 (-0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-0.97%
1 Week-0.97%
2 Weeks-1.33%
1 Month1.98%
3 Month0%
6 Month-4.91%
12 Month6.44%
2 Year35.14%
3 Year15.35%
5 Year-26.37%
10 Year0.67%
15 Year34.4%
Volatility
ATR(14)0.66
ATR(20)%1.41%
ATR Inc5.3%
Range Today0.97
ADR(20)0.61
ADR(20)%1.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.09
Mansfield-0.53
10 Day High45.75
10 Day Low43.51
20 Day High45.75
20 Day Low42.17
52 Week High47.36
52 Week Low37.59
CS1 End41.91
CR1 Start43.86
Volume & EV
DER(3)1.12%
DER(5)0.73%
Volume21.12M
Volume Incr1.8%
Vol(5)16.18M
Vol(50)17.91M