USA • New York Stock Exchange • NYSE:VZ • US92343V1044
Taking everything into account, VZ scores 6 out of 10 in our technical rating. In the last year, VZ was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
VZ has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
37.43
We found 3 important support areas.
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The short term trend for VZ is neutral. |
| ChartMill Relative Strength | 73.77 | POSITIVE | VZ has a high relative strength, it outperformed 73.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VZ is above 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) | 77.44 | OVERBOUGHT | The high RSI value suggests VZ may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests VZ has a positive trend. |
| Stochastics (14,3) | 82.67 | OVERBOUGHT | The high Stochastics value suggests VZ may be overbought. |
| Average True Range in percent/ATR (20) | 5.17 | HIGH VOLATILITY | The high ATR as a percentage value for VZ suggests high volalility. |
| Average Directional Index/ADX (14) | 58.74 | POSITIVE | The high ADX value value for VZ suggests a strong trend. |
44.52
+4.71 (+11.83%)
ChartMill assigns a technical rating of 6 / 10 to VZ.
The current trend direction for VERIZON COMMUNICATIONS INC (VZ) is Bearish.
VERIZON COMMUNICATIONS INC (VZ) has an RSI value of 77.4427. This indicates that the stock is currently overbought.
The short term momentum for VERIZON COMMUNICATIONS INC (VZ) is neutral.