What Verizon’s Latest Technical Indicators Say about Stock



Verizon’s moving averages

Now let’s look at Verizon’s (VZ) technical indicators and compare them to its peers in the telecom space. Recently, Verizon stock went above its 20-day and 100-day moving average, which indicates a bullish sentiment in its stock. On March 11, Verizon stock closed the trading day at $57.58. Based on this figure, the stock was trading 2.9% above its 20-day moving average of $55.94, 2.9% above its 50-day moving average of $55.97, and 1.7% above its 100-day moving average of $56.63.

In comparison, AT&T (T) was trading 0.4% below its 100-day moving average, while T-Mobile (TMUS) was trading 5.1% above its average. Sprint (S) was trading 0.2% below its 100-day moving average.

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Relative strength index

On March 11, Verizon had a 14-day RSI (relative strength index) level of 63. Meanwhile, Sprint, T-Mobile, and AT&T had a 14-day RSI level of 45, 55, and 48, respectively.

A stock’s 14-day RSI score is measured on a scale of 0 to 100 with a score lower than 30 indicating that a stock is oversold and a score greater than 70 denoting that a stock is overbought. A stock trading between a 14-day RSI level of 30 and 70 suggests balanced trading activity.


As of March 11, Verizon’s 14-day MACD (moving average convergence divergence) is 0.28. T-Mobile’s 14-day MACD is -0.92, AT&T’s is -0.54, and Sprint’s is -0.16. A stock’s MACD marks the change between its short-term and long-term moving averages. Verizon’s positive MACD level denotes an upward trading trend.


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