VERIZON COMMUNICATIONS INC (BAC.DE) Stock Technical Analysis
FRA:BAC - Deutsche Boerse Ag - US92343V1044 - Common Stock - Currency: EUR
Taking everything into account, BAC scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BAC is showing a nice and steady performance.
In the last month BAC has a been trading in the 38.60 - 42.30 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BAC has an average volume of 7667 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that BAC is one of the better performing stocks in the market, outperforming 78% of all stocks. On top of that, BAC also shows a nice and consistent pattern of rising prices.
BAC is part of the Diversified Telecommunication Services industry. There are 29 other stocks in this industry, BAC did better than 64% of them.
BAC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Volume is considerably higher in the last couple of days.
Although BAC has an excellent technical rating, it does not present a decent entry opportunity 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
35.48
42.94
We found 4 important support areas.
- A support zone ranging from 38.77 to 38.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @37.92 from a trend line in the weekly time frame.
- A support zone ranging from 36.81 to 36.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 35.84 to 36.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 42.16 to 42.51. 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
CRS78.75
Mansfield0.66
10 Day High42.3
10 Day Low39.35
20 Day High42.3
20 Day Low38.6
52 Week High42.5
52 Week Low35.73
Performance
1 Week2.26%
2 Weeks3.31%
1 Month9.03%
3 Month5.02%
6 Month13.08%
12 Month16.34%
2 Year17.71%
3 Year-8.56%
5 Year-14.83%
10 Year-7.79%
15 YearN/A
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
RSI(14)63.97
LBB39.11
UBB42.57
FRA:BAC (3/6/2025, 12:19:56 PM)
39.61
-0.41 (-1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-1.02%
1 Week2.26%
2 Weeks3.31%
1 Month9.03%
3 Month5.02%
6 Month13.08%
12 Month16.34%
2 Year17.71%
3 Year-8.56%
5 Year-14.83%
10 Year-7.79%
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%1.78%
ATR Inc89.79%
Range Today0
ADR(20)0.64
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.75
Mansfield0.66
10 Day High42.3
10 Day Low39.35
20 Day High42.3
20 Day Low38.6
52 Week High42.5
52 Week Low35.73
CS1 End38.98
CR1 Start42.16
Volume & EV
DER(3)1.01%
DER(5)0.59%
Volume100
Volume Incr106.94%
Vol(5)13.16K
Vol(50)7.67K