VERIZON COMMUNICATIONS INC (VZ) Technical Analysis
NYSE:VZ • US92343V1044
Current stock price
VZ Technical Rating and Analysis
Taking everything into account, VZ scores 5 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.
- In the last month VZ has a been trading in the 47.12 - 51.68 range, which is quite wide. It is currently trading near the lows of this range.
- VZ has an average volume of 32517100 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, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- 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 65% of all stocks.
- VZ is part of the Diversified Telecommunication Services industry. There are 37 other stocks in this industry, VZ did better than 44% of them.
- VZ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VZ is lagging the market slightly.
VZ Weekly and Daily overview Charts
VZ Setup Rating and Analysis
VZ has an average technical rating and it also does not offer a high 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
VZ Support and Resistance Analysis
37.43
We found 2 important support areas.
- A support zone ranging from 47.74 to 48.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.81 to 38.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 51.20 to 51.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
VZ Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for VZ is down. |
| ChartMill Relative Strength | 65.98 | 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) | UP | MIXED | The current price of VZ is below 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) | 36.96 | NEUTRAL | The RSI value for VZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests VZ has a negative trend. |
| Stochastics (14,3) | 10.57 | OVERSOLD | The low Stochastics value suggests VZ may be oversold. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for VZ suggests some volalility. |
| Average Directional Index/ADX (14) | 24.89 | NEUTRAL | The ADX value for VZ suggests a possible start of a new trend. |
VZ Chart- and CandleStick Pattern Analysis
VZ Technicals: Chart, Performance Metrics, Trend & Indicators
48.04
-0.58 (-1.19%)
VERIZON COMMUNICATIONS INC / VZ TA FAQ
What is the technical rating for VZ stock?
ChartMill assigns a technical rating of 5 / 10 to VZ.
What is the current trend direction of VERIZON COMMUNICATIONS INC (VZ) stock?
The current trend direction for VERIZON COMMUNICATIONS INC (VZ) is Bullish.
What is the RSI signal for VZ stock?
VERIZON COMMUNICATIONS INC (VZ) has an RSI value of 36.9573. This indicates that the stock is currently neutral.
What is the MACD signal for VZ stock?
The MACD indicator for VERIZON COMMUNICATIONS INC (VZ) has a value of -0.411722, indicating a bearish trend.
Can you provide the short term momentum for VERIZON COMMUNICATIONS INC?
The short term momentum for VERIZON COMMUNICATIONS INC (VZ) is negative.