NYSE:VZ • US92343V1044
We assign a technical rating of 8 out of 10 to VZ. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VZ is only an average performer.
Besides having an excellent technical rating, VZ also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
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 | UP | POSITIVE | The long term trend for VZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VZ is up. |
| ChartMill Relative Strength | 73.58 | POSITIVE | VZ has a high relative strength, it outperformed 73.58% 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) | 67.43 | NEUTRAL | The RSI value for VZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests VZ has a negative trend. |
| Stochastics (14,3) | 75.32 | NEUTRAL | The Stochastics value for VZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for VZ suggests some volalility. |
| Average Directional Index/ADX (14) | 45.52 | POSITIVE | The high ADX value value for VZ suggests a strong trend. |
48.89
-0.34 (-0.69%)
ChartMill assigns a technical rating of 8 / 10 to VZ.
The current trend direction for VERIZON COMMUNICATIONS INC (VZ) is Bullish.
VERIZON COMMUNICATIONS INC (VZ) has an RSI value of 67.4278. This indicates that the stock is currently neutral.
The short term momentum for VERIZON COMMUNICATIONS INC (VZ) is positive.
The buy/sell signal for VERIZON COMMUNICATIONS INC (VZ) is buy as both the short term and long term trends are positive.