VERIZON COMMUNICATIONS INC. - 1H - Technical analysis published on 03/01/2022 (GMT)
- 227
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Neutral
Technical indicators
22%
56%
22%
My opinion
Neutral between 52.82 USD and 54.03 USD
My targets
-
My analysis
There is no basic trend for VERIZON COMMUNICATIONS INC. and in the short term, there are still few sellers. It is difficult to advise a trading direction under these conditions. The first support is located at 52.82 USD. The first resistance is located at 54.03 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VERIZON COMMUNICATIONS INC. price is 53.43 USD. On the day, this instrument lost -0.45% and was between 53.26 USD and 54.19 USD. This implies that the price is at +0.32% from its lowest and at -1.40% from its highest.53.26
54.19
53.43
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of VERIZON COMMUNICATIONS INC. in 1H shows a neutral overall trend. This indecision could turn into a bearish trend due to the slightly bearish signals currently given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 51.71 | 52.50 | 52.82 | 53.43 | 53.65 | 54.03 | 54.56 |
| Change (%) | -3.22% | -1.74% | -1.14% | - | +0.41% | +1.12% | +2.11% |
| Change | -1.72 | -0.93 | -0.61 | - | +0.22 | +0.60 | +1.13 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.65 | 53.02 | 53.35 | 53.72 | 54.05 | 54.42 | 54.75 |
| Camarilla | 53.48 | 53.54 | 53.61 | 53.67 | 53.73 | 53.80 | 53.86 |
| Woodie | 52.62 | 53.01 | 53.32 | 53.71 | 54.02 | 54.41 | 54.72 |
| Fibonacci | 53.02 | 53.29 | 53.46 | 53.72 | 53.99 | 54.16 | 54.42 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.54 | 50.63 | 52.37 | 53.46 | 55.20 | 56.29 | 58.03 |
| Camarilla | 53.34 | 53.60 | 53.86 | 54.12 | 54.38 | 54.64 | 54.90 |
| Woodie | 49.88 | 50.79 | 52.71 | 53.62 | 55.54 | 56.45 | 58.37 |
| Fibonacci | 50.63 | 51.71 | 52.38 | 53.46 | 54.54 | 55.21 | 56.29 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.20 | 50.46 | 52.06 | 53.32 | 54.92 | 56.18 | 57.78 |
| Camarilla | 52.88 | 53.15 | 53.41 | 53.67 | 53.93 | 54.19 | 54.46 |
| Woodie | 49.38 | 50.55 | 52.24 | 53.41 | 55.10 | 56.27 | 57.96 |
| Fibonacci | 50.46 | 51.55 | 52.22 | 53.32 | 54.41 | 55.08 | 56.18 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 46.07 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 3.31 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 53.60 | |
| Parabolic SAR (0,02-0,02-0,2): | 54.47 | |
| Elder Ray (13): | -0.21 | |
| Super Trend (3,10): | 53.11 | |
| Zig ZAG (10): | 53.30 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 6.77 | |
| TEMA (21): | 53.59 | |
| Williams %R (14): | -97.98 | |
| Chande Momentum Oscillator (20): | -0.95 | |
| Repulse (5,40,3): | -0.7200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.71 |
| MA7: | 53.55 | |
| MA20: | 53.41 | |
| MA50: | 53.16 | |
| MA100: | 52.53 | |
| MAexp7: | 53.50 | |
| MAexp20: | 53.54 | |
| MAexp50: | 53.46 | |
| MAexp100: | 53.37 | |
| Price / MA7: | -0.22% | |
| Price / MA20: | +0.04% | |
| Price / MA50: | +0.51% | |
| Price / MA100: | +1.71% | |
| Price / MAexp7: | -0.13% | |
| Price / MAexp20: | -0.21% | |
| Price / MAexp50: | -0.06% | |
| Price / MAexp100: | +0.11% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
News
The latest news and videos published on VERIZON COMMUNICATIONS INC. at the time of the analysis were as follows:
-
Verizon Shares Drop After Missing Quarterly Revenue Estimates
- Thinking about buying stock in Avalon GloboCare Corp., MagneGas, Square Inc., Trevena Inc. or Verizon Communications?
-
Verizon Cuts Media Jobs
-
Verizon CEO on what 5G means for consumers
- Verizon and Cat® Phones Partner to Bring the Cat® S48c Smartphone to Verizon Customers
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis VERIZON COMMUNICATIONS INC. - 1H