VERIZON COMMUNICATIONS INC. - 1H - Technical analysis published on 09/30/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Additional analysis
Quotes
The VERIZON COMMUNICATIONS INC. rating is 59.49 USD. On the day, this instrument gained +0.42% and was between 59.04 USD and 59.51 USD. This implies that the price is at +0.76% from its lowest and at -0.03% from its highest.The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of VERIZON COMMUNICATIONS INC. indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. An assessment of moving averages reveals several bullish signals that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 58.18 | 58.78 | 59.09 | 59.49 | 59.56 | 60.63 | 61.10 |
| Change (%) | -2.20% | -1.19% | -0.67% | - | +0.12% | +1.92% | +2.71% |
| Change | -1.31 | -0.71 | -0.40 | - | +0.07 | +1.14 | +1.61 |
| Level | Intermediate | Intermediate | Minor | - | Major | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 58.67 | 58.89 | 59.06 | 59.28 | 59.45 | 59.67 | 59.84 |
| Camarilla | 59.13 | 59.17 | 59.20 | 59.24 | 59.28 | 59.31 | 59.35 |
| Woodie | 58.66 | 58.88 | 59.05 | 59.27 | 59.44 | 59.66 | 59.83 |
| Fibonacci | 58.89 | 59.04 | 59.13 | 59.28 | 59.43 | 59.52 | 59.67 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 56.85 | 57.75 | 58.57 | 59.47 | 60.29 | 61.19 | 62.01 |
| Camarilla | 58.92 | 59.08 | 59.23 | 59.39 | 59.55 | 59.71 | 59.86 |
| Woodie | 56.81 | 57.73 | 58.53 | 59.45 | 60.25 | 61.17 | 61.97 |
| Fibonacci | 57.75 | 58.41 | 58.81 | 59.47 | 60.13 | 60.53 | 61.19 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 54.99 | 56.06 | 57.66 | 58.73 | 60.33 | 61.40 | 63.00 |
| Camarilla | 58.54 | 58.78 | 59.03 | 59.27 | 59.52 | 59.76 | 60.00 |
| Woodie | 55.27 | 56.19 | 57.94 | 58.86 | 60.61 | 61.53 | 63.28 |
| Fibonacci | 56.06 | 57.08 | 57.71 | 58.73 | 59.75 | 60.38 | 61.40 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
| RSI (14): | 50.96 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -1.32 | |
| AROON (14): | -71.42 | |
| DEMA (21): | 59.30 | |
| Parabolic SAR (0,02-0,02-0,2): | 59.65 | |
| Elder Ray (13): | 0.09 | |
| Super Trend (3,10): | 59.84 | |
| Zig ZAG (10): | 59.46 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 45.78 | |
| TEMA (21): | 59.39 | |
| Williams %R (14): | -48.00 | |
| Chande Momentum Oscillator (20): | -0.14 | |
| Repulse (5,40,3): | 0.0600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.33 |
| MA7: | 59.33 | |
| MA20: | 59.90 | |
| MA50: | 58.92 | |
| MA100: | 57.25 | |
| MAexp7: | 59.35 | |
| MAexp20: | 59.33 | |
| MAexp50: | 59.46 | |
| MAexp100: | 59.63 | |
| Price / MA7: | +0.27% | |
| Price / MA20: | -0.68% | |
| Price / MA50: | +0.97% | |
| Price / MA100: | +3.91% | |
| Price / MAexp7: | +0.24% | |
| Price / MAexp20: | +0.27% | |
| Price / MAexp50: | +0.05% | |
| Price / MAexp100: | -0.23% |
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:
-
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
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