VERIZON COMMUNICATIONS INC (VZ) Stock Technical Analysis
NYSE:VZ - New York Stock Exchange, Inc. - US92343V1044 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to VZ. VZ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
VZ has an average volume of 19473200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, VZ outperforms 47% of them, which is more or less in line with the market.
VZ is part of the Diversified Telecommunication Services industry. There are 33 other stocks in this industry, VZ did better than 43% of them.
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 a tight range between 42.33 and 44.55.
The technical rating of VZ is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
38.50
46.97
We found 2 important support areas.
- Support @40.34 from a trend line in the weekly time frame.
- Support @38.89 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 42.59 to 44.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 44.89 to 45.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 46.07 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 | NEUTRAL | NEUTRAL | The long term trend for VZ is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VZ is down. |
| ChartMill Relative Strength | 47.45 | NEUTRAL | VZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of VZ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.77 | NEUTRAL | The RSI value for VZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests VZ has a negative trend. |
| Stochastics (14,3) | 11.47 | OVERSOLD | The low Stochastics value suggests VZ may be oversold. |
| 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) | 11.91 | 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)
42.5
-0.51 (-1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-1.19%
1 Week-2.63%
2 Weeks-3.63%
1 Month-3.39%
3 Month-3.39%
6 Month6.44%
12 Month5.62%
2 Year14.28%
3 Year-16.26%
5 Year-22.91%
10 Year-8.82%
15 Year51.68%
Volatility
ATR(14)0.62
ATR(20)%1.41%
ATR Inc-8.27%
Range Today0.77
ADR(20)0.59
ADR(20)%1.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.45
Mansfield-0.43
10 Day High44.4
10 Day Low42.33
20 Day High44.55
20 Day Low42.33
52 Week High47.36
52 Week Low37.59
CS1 End40.34
CR1 Start42.59
Volume & EV
DER(3)-1.23%
DER(5)-0.23%
Volume20.44M
Volume Incr14.27%
Vol(5)16.93M
Vol(50)19.47M