Verizon Stock – Verizon Communications Inc (VZ) Down 2.12%; Crosses 20 Day Moving Average

The Hourly View for VZ

Last Updated March 1, 2021, 12:43 GMT

Currently, VZ’s price is down $-0.22 (-0.4%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as VZ has now gone down 5 of the past 5 hours. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Verizon Communications Inc Daily price Recap

Verizon Communications Inc closed the previous day down 2.12% ($1.2); this denotes the 2nd straight day a decrease has occurred. This move happened on lower volume, as yesterday’s volume was down 0.95% from the day before — and down 41.01% from the same day the week before. Here is a daily price chart of Verizon Communications Inc.

Verizon Communications Inc Technical Analysis

Notably, Verizon Communications Inc crossed below its 20 day moving average yesterday. The clearest trend exists on the 90 day timeframe, which shows price moving down over that time. For another vantage point, consider that Verizon Communications Inc’s price has gone down 16 of the previous 30 trading days.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to VZ:

$C ??? this week 100% stocks *** PLTR IDEX and DPW this week. Enter now and keep it. 100% growth WEEK FUTURES GREEN MARKET GREEN.

PLTR: quickly goes to SNOW ESTC and SPLK around $160 to $200. PLTR is having HIGH POTENTIAL. goes 20X times soon.
PLTR Palantir Technologies specializes in big data analytics.PLTR

DPW: Ault Global Has EV Electronic Wing and BTC block chaing mining wing.also purchased NTN Buzztime. Soon you will see like BLNK MARA RIOT. $20+ to50+ in no time. just enter now and keep long.

IDEX: Ideanomics, Inc.Global company focused EV batteries and electricity and BLOCK chain Bitcoin as well as financing and charging solutions IDEX goes 20+ to 30+. enter early.
EV and BITCOIN BLOCK Chain. High potential
$KMI $X $VZ $RIOT all cheking abov stocks

– johnbenjaminsenior53