VZ
(Last Updated April 15, 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
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.
The chart below illustrates.
Verizon Communications Inc (VZ) Up 0.73%; is Inching Close to 20 Day Average
The price move occurred on stronger volume; specifically, yesterday’s volume was up 32.83% from the day prior, and up 27.79% from the same day the week before.
Verizon Communications Inc (VZ) Down 0.69%; in a Downtrend Over Past 90 Days
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
Verizon Communications Inc (VZ) 2 Day Down Streak Broken, Nears 20 Day Moving Average; Pin Bar Pattern Appearing on Chart
This move is a reversal from the hour prior, which saw price move up.
Verizon Communications Inc (VZ) Down 2.12%; Crosses 20 Day Moving Average
Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
Verizon Communications Inc (VZ) Down 0.02%, in a Downtrend Over Past 30 Days; Pin Bar Pattern Appearing on Chart
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