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Verizon Communic Bullish Moving Average Crossover Alert (VZ)

By Nick Russo

Today, shares of Verizon Communic (NYSE:VZ) have advanced above their 10-day MA of $54.50 on a volume of 6.3 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Verizon Communic share prices have been bracketed by a low of $43.97 and a high of $55.90 and are now at $54.72, 24% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.

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