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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.
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MarketClub’s Trade Triangles for VZ
The long-term trend has been DOWN since Jan 24th, 2023 at 34.55
The intermediate-term trend has been DOWN since Sep 22nd, 2023 at 33.23
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).
| 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 High | 61.58 | Year High Date | 2018-11-20 |
| Year Low | 46.085 | Year Low Date | 2018-05-09 |
| 52wk High | 44.73 | 52wk High Date | 2023-01-24 |
| 52wk Low | 31.25 | 52wk Low Date | 2023-07-17 |
| Year End Close | 43.27 | Average Volume | 21,918,604 |
| Shares Outstanding | 4,204,040 | Short Interest | 45,320,176 |
| % Institutional | 60.1 | Market Cap | 248,683M |
| Assets | 379,955,000M | Liabilities | 284,762,000M |
| P/E Ratio | 6.3832 | Beta | 0.35 |
| Volatility | 23.08 |