VZ chart analysis today

VZ is 42 days into an uptrend, coiling inside a rising wedge after the weekly downtrend broke. $51.14 ends the wedge, $49.67 resumes the fall.

Verizon Communications · daily · last close $50.30 · read computed from candles through 2026-09-01. No AI, no signal, no target.

VZ · Dailydaily
$39.89$43.05$46.22$49.39$52.55avg74053980370269900VolumeRising trendlineResistance $50.85 · 2 touchesPOLERISING WEDGEBreaks above $51.14Breaks below $49.67

The two prices that decide it

Above
$51.14 · the rising wedge
Below
$49.67 · the rising wedge
Formation state
Still forming.
Trend
a series of higher highs and higher lows over the window, 5 steps across 42 bars, still intact
Agreement
Structure 1 of 4 (low) · indicators 0 of 3 (low)

Levels and what happened there

  • Resistance $50.85
  • Resistance $51.67
  • The last two times price reached $50.85 it held once, bouncing 1.9%.
  • The last three times price reached $51.67 it held every time, bouncing 9.0% on average.
  • Bigger picture Weekly downtrend broken, daily coiling. weekly — the downtrend broke, cup and handle at $51.68. Warning: the weekly downtrend broke 3 weeks ago, so the bigger chart is no longer backing a fall.
  • 52 weeks 2.7% below its 52-week high of $51.68 and 31% above its 52-week low of $38.39.

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This page is the daily read as of 2026-09-01, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.

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Every figure on this page was computed from real candle data through 2026-09-01 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.

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