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Next Resistance Level for Verizon Communic (VZ) is $59.76

By Shiri Gupta

Shares of Verizon Communic (NYSE:VZ) have bullishly opened above the pivot of $59.24 today and have reached the first resistance level of $59.56. Investors may be interested in a cross of the next upside pivot targets of $59.76 and $60.28.

Verizon Communic share prices have moved between a 52-week high of $61.58 and the current low of $0.00 and are currently at $0.00 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has remained constant.

Verizon Communic has overhead space with shares priced $0.00, or 100.0% below the average consensus analyst price target of $55.77. The stock should find initial resistance at its 200-day moving average (MA) of $57.31 and further resistance at its 50-day MA of $58.11.

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: pivot alerts verizon communic

Ticker(s): VZ