Technical Analysis: How Do Verizon’s Ratios Look?

Ruchi Gupta - Author

Aug. 18 2020, Updated 6:33 a.m. ET


On May 11, 2017, Verizon’s (VZ) seven-day MACD (moving average convergence divergence) was -0.7. On the same date, its peers AT&T (T), Sprint (S), T-Mobile (TMUS), and Charter Communications (CHTR) reported MACD readings of -0.7, -0.08, 0.71, and 0.83, respectively. The MACD is the difference between a company’s short-term and long-term moving averages.

For the last 14 days, Verizon reported a relative strength index (or RSI) of 37 compared to the respective RSI readings of 32, 39, 55, and 39 reported by AT&T, Sprint, T-Mobile, and Charter Communications. Generally, if the RSI is above 70, it indicates that the stock is overbought. An RSI below 30 suggests that the stock has been oversold.

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Median target estimate

A price target refers to a projected price level for a stock set by an adviser or investment analyst. If achieved, the price target could yield the highest level of returns from the investment. Verizon’s price target for this quarter has been set at $50.32.

100-day moving averages

On May 11, 2017, Verizon was trading ~8.0% below its 100-day moving average. Compared to its peers, AT&T traded ~6.2% below its 100-day moving average on the same date, and Sprint traded ~12.6% below its 100-day moving average.

On May 11, T-Mobile traded ~6.2% above its 100-day moving average, and Charter Communications traded ~1.4% above its 100-day moving average.

Market capitalization

Verizon’s market cap was ~$187.6 billion at the close of the May 11 trading session. Market capitalization (market cap) represents the market value of a company at a particular time, which is calculated as shares outstanding of a publicly traded company, multiplied by share price.


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