VERIZON COMMUNICATIONS INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	VZ
ISIN:

VERIZON COMMUNICATIONS INC. - Daily - Technical analysis published on 09/15/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

33%

39%

28%

My opinion

Bearish under 42.85 USD

My targets

38.62 USD (-6.45%)

35.72 USD (-13.47%)

My analysis

VERIZON COMMUNICATIONS INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 42.85 USD. The next support located at 38.62 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 35.72 USD. Below this support, sellers could then target 30.31 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

6.3

Comment on the 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 rbrittonbrownjr. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The VERIZON COMMUNICATIONS INC. price is 41.28 USD. The price is lower by -1.13% since the last closing and was traded between 40.98 USD and 41.93 USD over the period. The price is currently at +0.73% from its lowest and -1.55% from its highest.

40.98

41.93

41.28

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this VERIZON COMMUNICATIONS INC. chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal support

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	30.31	35.72	41.08	41.28	42.85	44.43	46.23
Change (%)	-26.57%	-13.47%	-0.48%	-	+3.80%	+7.63%	+11.99%
Change	-10.97	-5.56	-0.20	-	+1.57	+3.15	+4.95
Level	Intermediate	Minor	Major	-	Intermediate	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	39.91	40.45	40.86	41.40	41.81	42.35	42.76
Camarilla	41.02	41.11	41.19	41.28	41.37	41.45	41.54
Woodie	39.86	40.42	40.81	41.37	41.76	42.32	42.71
Fibonacci	40.45	40.81	41.03	41.40	41.76	41.98	42.35

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	39.58	40.15	41.19	41.76	42.80	43.37	44.41
Camarilla	41.80	41.95	42.09	42.24	42.39	42.54	42.68
Woodie	39.83	40.27	41.44	41.88	43.05	43.49	44.66
Fibonacci	40.15	40.76	41.14	41.76	42.37	42.75	43.37

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	35.47	38.62	40.21	43.36	44.95	48.10	49.69
Camarilla	40.51	40.94	41.38	41.81	42.25	42.68	43.11
Woodie	34.70	38.23	39.44	42.97	44.18	47.71	48.92
Fibonacci	38.62	40.43	41.55	43.36	45.17	46.29	48.10

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	33.63
MACD (12,26,9):	-1.0900
Directional Movement:	-24.16
AROON (14):	-64.29
DEMA (21):	41.19
Parabolic SAR (0,02-0,02-0,2):	40.79
Elder Ray (13):	-0.72
Super Trend (3,10):	43.37
Zig ZAG (10):	41.28
VORTEX (21):	0.7400
Stochastique (14,3,5):	37.24
TEMA (21):	41.21
Williams %R (14):	-81.67
Chande Momentum Oscillator (20):	-1.97
Repulse (5,40,3):	-2.1600
ROCnROLL:	2
TRIX (15,9):	-0.3800
Courbe Coppock:	10.55

MA7:	41.65
MA20:	42.72
MA50:	45.41
MA100:	47.61
MAexp7:	41.81
MAexp20:	42.71
MAexp50:	44.85
MAexp100:	47.01
Price / MA7:	-0.89%
Price / MA20:	-3.37%
Price / MA50:	-9.09%
Price / MA100:	-13.30%
Price / MAexp7:	-1.27%
Price / MAexp20:	-3.35%
Price / MAexp50:	-7.96%
Price / MAexp100:	-12.19%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on VERIZON COMMUNICATIONS INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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