VERIZON COMMUNICATIONS INC (VZ) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:VZ - US92343V1044 - Common Stock
Overall VZ gets a technical rating of 1 out of 10. VZ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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
37.42
When analyzing the support we can see 2 important areas.
- Support @38.89 from a horizontal line in the weekly time frame.
- A support zone ranging from 37.80 to 37.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 40.67 to 41.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @43.36 from a trend line in the weekly time frame.
- A resistance zone ranging from 44.09 to 46.07. 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 VZ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VZ is neutral. |
| ChartMill Relative Strength | 27.67 | NEGATIVE | VZ has a low relative strength, it was outperformed by 72.33% off all stocks 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) | DOWN | NEGATIVE | The current price of VZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.22 | NEUTRAL | The RSI value for VZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests VZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.63 | NEUTRAL | The Stochastics value for VZ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for VZ suggests low volalility. |
| Average Directional Index/ADX (14) | 18.48 | NEGATIVE | The low ADX value for VZ suggests a weak or negative trend. |
40.14
-1.16 (-2.81%)
VERIZON COMMUNICATIONS INC / VZ FAQ
What is the technical rating for VZ stock?
ChartMill assigns a technical rating of 1 / 10 to VZ.
What is the trend direction for VZ stock?
The current trend direction for VERIZON COMMUNICATIONS INC (VZ) is Bearish.
Can you provide the RSI signal for VERIZON COMMUNICATIONS INC?
VERIZON COMMUNICATIONS INC (VZ) has an RSI value of 44.2221. This indicates that the stock is currently neutral.
Can you provide the short term momentum for VERIZON COMMUNICATIONS INC?
The short term momentum for VERIZON COMMUNICATIONS INC (VZ) is neutral.