Verizon Communications (NYSE: VZ)TELECOMMUNICATIONS - Telecom Services - Domestic
Sector: Telecommunication Services
Stock price data as of 09/20/2019
Closing price: 60.29
|Support price level:||$58.09|
|Resistance price level:||N/A|
|Relative strength index (14-day RSI)||71.2|
- VZ is at or near its 52-week high. Studies have found that such stocks have an increased probability of outperforming the market over the next year.
- The price of this low-beta stock is expected to increase by 0.31% for every 1% increase in the S&P-500.
- Volatility is forecast to fall over the next month.
- With RSI > 70, VZ is overbought. Odds slightly favor a short-term price reversal.
- Price broke above prior resistance level - a short-term bullish signal.
|Low||High||Price as % of Range|
|200 day||50 day||20 day||10 day|
|Last month||Current estimate||Next month forecast|
- 4.1% in the next week.
- 9.4% in the next month.
- 37.8% in the next year.