Verizon Communications Inc (VZ) Down 0.74%; Eyes 200 Day Average
This move happened on lower volume, as yesterday’s volume was down 19.44% from the day before — and down 8.42% from the same day the week before.
VZ
(Last Updated October 28, 2020)
Hello! This is the news page for Verizon Communications Inc. Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
The Trend
A trend/countertrend situation exists on VZ, in which a downtrend exists on shorter timeframes but an uptrend appears on the 90 day timeframe. The countertrend on the shorter timeframe may provide an opportunity to buy for those interested in playing the longer term trend.
VZ Moving Averages
VZ’s moving averages suggest the trend on a number of time horizons is bearish. Moreover, today we saw the 100 moving average turn bearish.
The chart below illustrates.
Verizon (VZ) Closes Last Hour Down $-0.18; in a Downtrend Over Past 14 Days, Moves Down For the 2nd Straight Day, Eyes 200 Day Average
This move happened on lower volume, as yesterday’s volume was down 19.44% from the day before — and down 8.42% from the same day the week before.
Verizon (VZ) Closes Last Hour Down $-0.16; in a Downtrend Over Past 14 Days, Heads Down For the 2nd Day In A Row, Eyes 200 Day Average
This move happened on lower volume, as yesterday’s volume was down 23.27% from the day before — and down 12.77% from the same day the week before.
Verizon (VZ) Closes Prior Hour Up 0.37%; Crosses 100 Day Moving Average, 2 Day Up Streak Ended, Eyes 100 Day Average
It’s been a feast for bulls operating on an hourly timeframe, as vz has now gone up 4 of the past 5 hours.
Verizon (VZ) Closes Last Hour Down $-0.24; in a Downtrend Over Past 14 Days, 7 Day Down Streak Ended, Nears 200 Day Moving Average
This move happened on lower volume, as yesterday’s volume was down 23.12% from the day before — and down 25.29% from the same day the week before.
Verizon (VZ) Price Near $57.27; Breaks Above 200 Day Average, in a Downtrend Over Past 14 Days, 7 Day Down Streak Ended
This move happened on lower volume, as yesterday’s volume was down 23.12% from the day before — and down 25.29% from the same day the week before.
Verizon (VZ) Price Near $56.77; Moves Down For the 7th Day In A Row, in a Downtrend Over Past 14 Days
This move is a reversal from the hour prior, which saw price move up.
Verizon (VZ) Closes Last Hour Down $-0.06; Heads Down For the 6th Straight Day, Crosses 200 Day Moving Average, in a Downtrend Over Past 14 Days
As for how volume fared, yesterday’s volume was up 13.67% from the previous day (monday), and up 85.55% from tuesday of the week before.
Verizon (VZ) Price Near $57.28; Eyes 200 Day Average, Heads Down For the 5th Day In A Row, Crosses 100 Day Moving Average
As for how volume fared, yesterday’s volume was up 18.63% from the previous day (sunday), and up 11.18% from monday of the week before.
Verizon (VZ) Price Near $58.05; Heads Down For the 4th Straight Day, is Inching Close to 100 Day Average, Pin Bar Pattern Appearing on Chart
And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.