Based on the provided data and recent market developments, here's a comprehensive analysis for VZ's price movement in the next trading week:
Technical Analysis
The stock is currently trading at $39.54, showing signs of consolidation after recent earnings release. Key technical indicators suggest:
Fundamental Catalysts
Price Target Analysis Based on technical and fundamental factors, here's the price projection for next week:
Target: $41.20-41.80
Trading Recommendation: BUY Rationale:
Entry point: Current market price ($39.54) Stop loss: $38.80 (below 20-day SMA) First target: $40.14 (Fibonacci R1) Second target: $40.87 (Fibonacci R2)
The price of VZ is predicted to go up -9.7%, based on the high correlation periods with VOD. The similarity of these two price pattern on the periods is 97.58%.
VZ
VOD
Year
VZ Price Forecast($)
Potential Return(%)
2025
45.000
11.770
2026
47.000
16.740
2027
45.000
11.770
2028
45.000
11.770
2029
45.000
13.610
2030
50.000
26.230
A focus on network strength over the past 15 years has put Verizon in an enviable position. Its wireless network provides the broadest coverage in the industry, and its reputation with customers is sterling.
With the largest customer base in the US, Verizon Wireless is the most efficient carrier in the industry, delivering far better profitability than its rivals.
Verizon is relentlessly pushing forward in its core business, expanding its fiber-optic network and deploying 5G wireless technology.
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