Verizon Communications Makes Notable Cross Below Critical Moving Average

In trading on Friday, shares of Verizon Communications crossed below their 200 day moving average of $57.82, changing hands as low as $57.69 per share. Verizon Communications shares are currently trading down about 1.4% on the day.

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The chart below shows the one year performance of VZ shares, versus its 200 day moving average:

Looking at the chart above, VZ’s low point in its 52 week range is $48.84 per share, with $61.95 as the 52 week high point — that compares with a last trade of $57.70. The VZ DMA information above was sourced from TechnicalAnalysisChannel.com

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