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Verizon Communic Bullish Moving Average Crossover Alert (VZ)

By Amy Schwartz

Today, shares of Verizon Communic (NYSE:VZ) have crossed bullishly above their 10-day moving average of $56.73 on a volume of 311K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Verizon Communic have traded between a low of $47.13 and a high of $61.58 and are now at $57.14, which is 21% above that low price. The 200-day and 50-day moving averages have moved 0.14% higher and 0.01% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Verizon Communic and will alert subscribers who have VZ in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses verizon communic

Ticker(s): VZ