Verizon Communications Inc (VZ) Moves Down For the 3rd Day In A Row; in a Downtrend Over Past 14 Days

Verizon Communications Inc Daily Price Recap

Verizon Communications Inc closed the day prior down 0.53% ($0.29); this denotes the 3rd day in a row a decline has happened. The price move occurred on volume that was down 14.78% from the day prior, but up 39.6% from the same day the week before. Below is a daily price chart of Verizon Communications Inc.

Verizon Communications Inc Technical Analysis

The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. For another vantage point, consider that Verizon Communications Inc’s price has gone down 19 of the previous 30 trading days.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to VZ:

    $AAPL $VZ . if it’s true that 5G has been installed everywhere or nearly everywhere in USA then honestly I’m ashamed to even be a tech enthusiast in this country because if anything my connection with Verizon has been WORSE ever since they came out with that alien 5G garbage. I hope that data transfer speed they talk about is serious because as of now 5G is TRASH and they have installed cell towers near me…… ladies and gentlemen …… ITS GARBAGE AND HYPED UP. You know it’s truly sad when 4G LTE isn’t even as good as it used to be. Maybe these dumb motherfuckers who are in charge of these kind of roll outs should go back to 4G and working on making that better before opening their big shit mouths about 5G.

    MohTECH