Verizon's most recent trend suggests a bearish bias. One trading opportunity on Verizon is a Bear Call Spread using a strike $47.00 short call and a strike $52.50 long call offers a potential 6.8% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $47.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $5.15 would be incurred if the stock rose above the $52.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Verizon is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Verizon is bearish.
The RSI indicator is at 22.87 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Verizon
[$$] Dividend Parachute Yet to Open for AT&T, Verizon
Tue, 16 Dec 2014 05:48:14 GMT
The Wall Street Journal – Dividend yields for Verizon and AT&T can act as a brake on share-price falls, but it may take a while more before they kick in.
Obama, Germany's Merkel At Odds On Net Neutrality
Mon, 15 Dec 2014 23:04:00 GMT
FiOS Quantum service: A positive for Verizon’s wireline business
Mon, 15 Dec 2014 22:07:14 GMT
Why Verizon needs to be wary of increasing competition
Mon, 15 Dec 2014 21:01:04 GMT
Verizon's New, Encrypted Calling App Plays Nice With the NSA
Mon, 15 Dec 2014 20:42:43 GMT
BusinessWeek – The phone company is launching Verizon Voice Cypher, an encrypted phone service for business and government clients that is designed to let law enforcement access user information
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