Verizon (VZ) Closes Last Hour Down $-0.15; 6 Day Down Streak Snapped, in a Downtrend Over Past 30 Days, Price Base in Formation Over Past 90 Days
Price action traders may also wish to note that we see a doji candlestick pattern on verizon.
VZ
(Last Updated January 18, 2021)
Hello! This is the news page for Verizon Communications Inc. Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
The Trend
If we observe the 30 and 14 day timeframes, we see a downtrend in place for VZ.
VZ Moving Averages
The moving averages on VZ summarize its price action in an interesting way. Out of the moving averages we’re monitoring (20, 50, 100, and 200 days), all but the 200 are bearish, suggesting the trend is generally downward, aside from a spike about 6 months prior.
The chart below illustrates.
Verizon (VZ) Price Near $57.41; in a Downtrend Over Past 14 Days, 6 Day Down Streak Ended, Price Base in Formation Over Past 90 Days
So 2021 is finally here, and along with it so is 5g!
Verizon (VZ) Price Near $57.05; in a Downtrend Over Past 30 Days, Price Base in Formation Over Past 90 Days, Heads Down For the 4th Straight Day
And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.
Verizon (VZ) Closes Prior Hour Down -0.26%; in a Downtrend Over Past 30 Days, Price Base in Formation Over Past 90 Days
Also of note is that on a 90 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward.
Verizon (VZ) Closes Last Hour Down $-0.22; 2 Day Up Streak Broken, in a Downtrend Over Past 30 Days, Price Base in Formation Over Past 90 Days
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe.
Verizon (VZ) Price Near $58.85; Heads Up For the 2nd Consecutive Day, Pin Bar Pattern Appearing on Chart, in a Downtrend Over Past 14 Days
Or to view things another way, note that out of the past 14 days verizon communications inc’s price has gone down 8 them.
Verizon (VZ) Price Near $58.79; in a Downtrend Over Past 30 Days, 2 Day Down Streak Ended
Keep these stocks on your watchlist for the next 1-5 days.
Verizon (VZ) Closes Last Hour Down $-0.02; in a Downtrend Over Past 14 Days
Everyone of these hero first responders will be outfitted with vuzix' smart glasses.
Verizon (VZ) Price Near $58.86; Heads Down For the 4th Straight Day, in a Downtrend Over Past 14 Days
This move happened on lower volume, as yesterday’s volume was down 44.68% from the day before — and down 48.9% from the same day the week before.
Verizon (VZ) Closes Prior Hour Down -0.06%; Heads Down For the 2nd Day In A Row, in a Downtrend Over Past 14 Days, Breaks Below 50 and 100 Day Averages
This move happened on lower volume, as yesterday’s volume was down 30.39% from the day before — and down 5.49% from the same day the week before.