VERIZON COMMUNICATIONS INC (VZ) Stock Technical Analysis
NYSE:VZ - New York Stock Exchange, Inc. - US92343V1044 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to VZ. In the last year, VZ was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long and short term trends are both positive. This is looking good!
VZ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so VZ is performing more or less in line with the market.
In the last month VZ has a been trading in the 39.15 - 43.97 range, which is quite wide. It is currently trading near the high of this range.
VZ has an average volume of 21933800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 63% of all stocks.
VZ is an average performer in the Diversified Telecommunication Services industry, it outperforms 66% of 31 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although VZ has an excellent technical rating, it 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.
More info and screens
37.42
45.67
When analyzing the support we can see 3 important areas.
- A support zone ranging from 40.89 to 41.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.58 to 39.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 37.80 to 37.80. 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 44.89 to 45.22. 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
CRS63.46
Mansfield-0.02
10 Day High43.97
10 Day Low39.82
20 Day High43.97
20 Day Low39.15
52 Week High45.36
52 Week Low37.59
Performance
1 Week6.09%
2 Weeks9.41%
1 Month7.55%
3 Month-1.42%
6 Month4.62%
12 Month8.73%
2 Year12.63%
3 Year-18.56%
5 Year-19.29%
10 Year-11.61%
15 Year51.09%
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)0.37
RSI(14)79.69
LBB38.79
UBB43.85
43.71
+0.39 (+0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.9%
1 Week6.09%
2 Weeks9.41%
1 Month7.55%
3 Month-1.42%
6 Month4.62%
12 Month8.73%
2 Year12.63%
3 Year-18.56%
5 Year-19.29%
10 Year-11.61%
15 Year51.09%
Volatility
ATR(14)0.65
ATR(20)%1.55%
ATR Inc37.28%
Range Today0.48
ADR(20)0.66
ADR(20)%1.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.46
Mansfield-0.02
10 Day High43.97
10 Day Low39.82
20 Day High43.97
20 Day Low39.15
52 Week High45.36
52 Week Low37.59
CS1 End41.85
CR1 Start44.89
Volume & EV
DER(3)2.05%
DER(5)4.08%
Volume24.36M
Volume Incr2.62%
Vol(5)23.64M
Vol(50)21.93M