VZ Stock Forecast & Verizon Communications Chart Analysis
This article provides a detailed analysis of VZ-Verizon Communications Inc. stock including a forecast for VZ shares. It features Verizon Communications Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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VZ Historical Data Review
VZ Current Price Performance Analysis
The Verizon Communications - VZ stock traded on the American stock market, on 06-05-2024, closed at 41.35$ with a %-0.51 decreased compared to the previous day.
In the last month, the price of VZ changed by %5.14 increased in value, from 39.33 dollars on 05-06-2024 to 41.35 dollars, increased.
Last year, the price of VZ was 34.7 dollars on 06-06-2023, and changed by %19.16 increased in value, to 41.35 dollars increased within a year.
The price of Verizon Communications stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
VZ with AI Stock Forecast & Price Target
On the VZ chart Verizon Communications price was recorded as 41.35 Dollars on 06/05/2024.
The artificial intelligence's forecast on VZ stock is as follows.
The artificial intelligence's prediction error margin for VZ stock is moderately high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Verizon Communications stock over the next 4 months is: 37.3 Dollars.
The commentary on VZ stock Target Price: Highest: 40.672 Dollars is predicted.
The commentary on VZ stock Target Price: Lowest: 35.096 Dollars is predicted.
Resistance Price where Verizon Communications stock will Rise and Fall:
Date | Price Prediction |
---|---|
06-20-2024 | 40.672 |
08-19-2024 | 38.800 |
12-12-2024 | 37.053 |
01-21-2025 | 36.502 |
Support Price where Verizon Communications stock will Fall and Rise:
Date | Price Prediction |
---|---|
07-30-2024 | 38.666 |
11-07-2024 | 35.862 |
01-06-2025 | 36.453 |
02-25-2025 | 35.096 |
The commentary on VZ stock: The target price can generally be said to be on the decline.
The commentary on VZ stock: Fluctuations in the target price can be expected in the coming days.
The target price for Verizon Communications stock by the end of 2024 is predicted to be 36.6 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on VZ stock, and the 2024 target price predictions for Verizon Communications are detailed above.
The technical analysis and charts for the commentary on VZ stock are below.
VZ Support & Resistance and Trend Analysis
VZ stock you have reviewed the technical analysis support resistance charts regarding.
VZ : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the VZ review, the Verizon Communications support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Verizon Communications Support and Resistance Prices:
VZ Support Level Price | VZ Resistance Level Price |
---|---|
35.40 | 36.87 |
36.46 | 37.98 |
37.15 | 38.88 |
37.56 | 40.37 |
38.56 | 40.91 |
38.68 | 40.96 |
38.75 | 41.15 |
39.00 | 41.64 |
39.14 | 42.15 |
39.26 | 43.21 |
43.42 |
VZ Technical Analysis: SMA, RSI, MACD
Upon reviewing the VZ chart, buy and sell signals have been generated in the Verizon Communications technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for VZ stock are as follows:- VZ technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Verizon Communications gave a 'Buy' signal when the RSI was at 20.858, with the current RSI value at 57.847.
- The technical analysis for VZ indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Verizon Communications issued a 'Buy' signal when the MACD was at -0.089, with the current MACD value being: 0.275
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
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