Current Price
Open: $43.57
Day Range: $43.42 - $44.44
Volume: 21.2M
Trading Levels
Entry (Breakout): $43.47
Take Profit Target: $44.12
Stop Loss: $42.17
Box Height: $1.30
Box Type: 9MA
Squeeze: MILD SQUEEZE
Key Statistics
Market Cap: $186.5B
P/E Ratio: 10.29
Dividend Yield: 6.13%
52W Low: $37.59
52W High: $47.36
Avg Volume: 17.5M
Price Chart (Last 6 Months)
Company Profile
Sector
Communication Services
Industry
Telecom Services
Employees
100,000
Business Summary
Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arr...
Trading Strategy
Entry Signal: This stock is showing a 9MA breakout pattern. Consider entering a long position if price breaks above $43.47with volume confirmation.
Take Profit: Target price is $44.12, which is the breakout level plus the box height ($1.30).
Stop Loss: Place stop loss below $42.17to limit downside risk.
Risk/Reward: Box height of $1.30 provides favorable risk/reward when combined with proper position sizing.