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:
A trend/countertrend situation exists on VZ, in which an uptrend exists on shorter timeframes but a downtrend appears on the 90 day timeframe. As such, traders with short positions should be aware of the downtrend in place on the longer timeframes.
VZ Moving Averages
VZ’s moving averages tell a multi-facted story about its trend. Of the 20, 50, 100, and 200 day averages — three of them (all but the 100) — are bullish, suggesting the trend is generally upward, save for a decline that occurred about 3 months ago.