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Verizon’s Stock Performance and Moving Averages

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Dec. 4 2020, Updated 10:52 a.m. ET

Verizon’s technical indicators

In this article, we’ll look at Verizon’s (VZ) technical indicators and compare them with competitors in the US wireless market. On February 22, 2018, Verizon’s stock was trading at $47.87. 

On the day, Verizon stock was trading ~6.5% below its 20-day moving average of $51.20, ~8.1% below its 50-day moving average of $52.07, and ~4.5% below its 100-day moving average of $50.10.

On February 22, 2018, Verizon had a 14-day relative strength index (or RSI) score of 20, compared with AT&T’s (T) RSI of 31, T-Mobile’s (TMUS) RSI of 33, and Sprint’s (S) RSI of 54. 

Generally, if a stock’s 14-day RSI figure is greater than 70, it indicates a probable fall in price, whereas a 14-day RSI figure lower than 30 indicates a probable rise in price.

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MACD

On February 22, 2018, Verizon had a moving average convergence divergence (or MACD) of -0.69. T-Mobile’s MACD is -1.0, AT&T’s MACD is -0.20, and Sprint’s MACD is -0.07. 

The MACD indicates the difference between a stock’s short-term and long-term moving averages. A negative MACD level implies that a stock is in a downward trading trend, while a positive MACD level implies an upward trading trend.

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