VERIZON COMMUNICATIONS INC (BAC.DE) Stock Technical Analysis
FRA:BAC - Deutsche Boerse Ag - US92343V1044 - Common Stock - Currency: EUR
We assign a technical rating of 2 out of 10 to BAC. BAC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, BAC is a bad performer in the overall market: 63% of all stocks are doing better.
Warning: BAC has an average volume of 6001 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
BAC is an average performer in the Diversified Telecommunication Services industry, it outperforms 66% of 31 stocks in the same industry.
BAC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BAC is lagging the market.
In the last month BAC has a been trading in the 36.72 - 39.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, BAC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 38.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 38.25, a Stop Loss order could be placed below this zone.
More info and screens
35.48
42.94
We found 2 important support areas.
- A support zone ranging from 36.95 to 38.25. This zone is formed by a combination of multiple trend lines and important moving averages 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 38.51 to 39.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.02 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
CRS37.37
Mansfield-0.76
10 Day High39.26
10 Day Low37.02
20 Day High39.26
20 Day Low36.72
52 Week High42.5
52 Week Low35.73
Performance
1 Week-1.59%
2 Weeks1.44%
1 Month0.8%
3 Month1.19%
6 Month3.41%
12 Month4.69%
2 Year5.01%
3 Year-19.79%
5 Year-20.28%
10 Year-12.76%
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)0.15
RSI(14)50.17
LBB37.1
UBB39.06
VERIZON COMMUNICATIONS INC
FRA:BAC (2/5/2025, 9:15:23 AM)
38.39
+0.04 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.09%
1 Week-1.59%
2 Weeks1.44%
1 Month0.8%
3 Month1.19%
6 Month3.41%
12 Month4.69%
2 Year5.01%
3 Year-19.79%
5 Year-20.28%
10 Year-12.76%
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%1.91%
ATR Inc-0.75%
Range Today0
ADR(20)0.65
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.37
Mansfield-0.76
10 Day High39.26
10 Day Low37.02
20 Day High39.26
20 Day Low36.72
52 Week High42.5
52 Week Low35.73
CS1 End38.25
CR1 Start38.51
Volume & EV
DER(3)-0.01%
DER(5)-0.08%
Volume43
Volume Incr-10.85%
Vol(5)7.37K
Vol(50)6.00K