What Do Verizon’s Moving Averages Suggest?

What Do Verizon’s Moving Averages Suggest?

Recently, Verizon (VZ) fell below its short-term (20-day) moving average, indicating a bearish sentiment in its stock. On December 10, Verizon stock closed the trading day at $58.27. Based on this figure, the stock was trading 1.4% below its 20-day moving average of $59.09, 2.4% above its 50-day moving average of $56.93, and 5.7% above its 100-day moving average of $55.13.