ABG Analytics logo
 

Verizon Communications (NYSE: VZ)

TELECOMMUNICATIONS - Telecom Services - Domestic
Sector: Telecommunication Services
Stock price data as of 04/12/2024
Closing price: 39.72
Support price level: $38.99
Resistance price level: $41.52
Relative strength index (14-day RSI) 44.2
Beta 0.38
  • Down 5.7 percent, VZ is one of this week's biggest decliners.

  • The price of this low-beta stock is expected to increase by 0.38% for every 1% increase in the S&P-500.

  • Volatility is forecast to fall over the next month.

  • VZ is above its 200-day moving average, providing a measure of support for long positions.

  • Price crossed below 50-day moving average this week - a bearish signal.

Low High Price as % of Range
$30.67 $42.84 77.4%
200 day 50 day 20 day 10 day
$36.72 $40.65 $41.04 $41.52
(Annualized standard deviation)
Historical
(5 year)
Last month Current estimate Next month forecast
20.9% 16.2% 19.7% 20.7%
There is an estimated 5% probability that the stock price of Verizon Communications will fall by more than:
  • 5.4% in the next week.

  • 11.7% in the next month.

  • 46.0% in the next year.