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Stock Trend Analysis Report

Prepared for you on Wednesday, October 4, 2023.

Verizon Communications Inc. (NYSE:VZ)

Long-Term Downtrend (-90) - VZ is in a strong downtrend that is likely to continue. While VZ is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid VZ?

MarketClub looks at technical strength and momentum to determine if the timing is right for VZ.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low VZ Price Change
31.800 31.965 31.400 31.560 -0.420
Entry Signal

MarketClub’s Trade Triangles for VZ

long term down The long-term trend has been DOWN since Jan 24th, 2023 at 34.55

intermediate term down The intermediate-term trend has been DOWN since Sep 22nd, 2023 at 33.23

short term down The short-term trend has been DOWN since Sep 19th, 2023 at 33.52

Smart Scan Analysis for VZ

Based on our trend formula, VZ is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for VZ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.800 31.965 31.400 31.560 -0.420
Prev. Close Volume Bid Ask Time
31.980 19989064 2023-10-04 15:59:11
Year High61.58Year High Date2018-11-20
Year Low46.085Year Low Date2018-05-09
52wk High44.7352wk High Date2023-01-24
52wk Low31.2552wk Low Date2023-07-17
Year End Close43.27Average Volume21,918,604
Shares Outstanding4,204,040Short Interest45,320,176
% Institutional60.1Market Cap248,683M
P/E Ratio6.3832Beta0.35
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