VERIZON COMMUNICATIONS INC (VZ)
US92343V1044 - Common Stock
Taking everything into account, VZ scores 4 out of 10 in our technical rating. VZ has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
VZ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so VZ is performing more or less in line with the market.
VZ has an average volume of 18730500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, VZ turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
VZ is part of the Diversified Telecommunication Services industry. There are 35 other stocks in this industry, VZ did better than 61% of them.
In the last month VZ has a been trading in the 38.56 - 43.42 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. There is a support zone below the current price at 39.70, a Stop Loss order could be placed below this zone.
More info and screens
37.52
43.28
2 important support areas can be observed.
- A support zone ranging from 38.59 to 39.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.90 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 40.13 to 40.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 41.71 to 42.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.18
Mansfield-0.13
10 Day High41.64
10 Day Low38.56
20 Day High43.42
20 Day Low38.56
52 Week High43.42
52 Week Low30.14
Performance
1 Week3.86%
2 Weeks-0.05%
1 Month-5.18%
3 Month-4.84%
6 Month11.3%
12 Month5.97%
2 Year-13.41%
3 Year-30.63%
5 Year-29.9%
10 Year-14.21%
15 Year32.14%
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)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)48.8
LBB38.85
UBB40.79
VERIZON COMMUNICATIONS INC
NYSE:VZ (4/29/2024, 7:04:00 PM)
After market: 40.05 -0.04 (-0.1%)40.09
+0.41 (+1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg1.03%
1 Week3.86%
2 Weeks-0.05%
1 Month-5.18%
3 Month-4.84%
6 Month11.3%
12 Month5.97%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.93
ATR(20)%2.16%
ATR Inc
Range Today0.95
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High41.64
10 Day Low38.56
20 Day High43.42
20 Day Low38.56
52 Week High43.42
52 Week Low30.14
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume19.84M
Volume Incr0.28%
Vol(5)19.37M
Vol(50)18.73M