VZ shares hold steady amid anticipation of upcoming earnings report: weekly forecast

Traders Union
All News
Financial News
Verizon slips 0.37% this week

Highlights

Verizon trades in a medium- to long-term bullish structure, holding above key support but consolidating after a recent mild pullback.
Short-term momentum indicators provide mixed signals, with bullish MACD offset by weak trend conviction and mild seller dominance.
Expected price action is sideways within a $44.06–$48.70 range over the next week, where breaks above or below these levels could trigger directional moves.

Earnings anticipation and 5G investments drive investor focus this week

Verizon is preparing to announce its next earnings report, which is drawing close attention from investors. The company continues investing in 5G and fiber networks to strengthen long-term revenue and its U.S. broadband presence. Verizon maintains a strong financial position, combining substantial capital expenditures with steady free cash flow to support dividends and share buybacks. In addition, recent increased holdings by Vanguard Group Inc. signal ongoing institutional interest.

Technical momentum weakens as bullish structure meets mixed signals

On the weekly chart, VZ trades above the MA-20, MA-50, and MA-200, maintaining a bullish structure with the MA-20 acting as near-term dynamic support. Key support and resistance levels are identified at $44.06 and $48.70, respectively. The weekly RSI sits at 52.90, signaling moderate momentum. MACD shows a Strong Buy, while the ADX points to weak trend conviction with a Sell signal; the Stochastic RSI and Commodity Channel Index are both neutral, and Bull/Bear Power indicates mild seller dominance and short-term indecision.

Sideways trade likely next week unless breakout key levels breach

For the next five trading days, VZ is expected to oscillate between $44.06 and $48.70, mirroring the recent consolidation phase. With 2 out of 4 weekly indicators displaying Buy or Strong Buy signals, there is an even probability (50%) for either upward or downward movement. The baseline scenario sees continued sideways action within the established range. A bullish breakout above $48.70 could open further gains, while a decline below $44.06 may trigger additional selling pressure.

Jainam Mehta, market strategist, sees Verizon holding a bullish medium- and long-term structure this week after consolidating above major moving averages. He notes the upcoming earnings report and ongoing investments in 5G as macro drivers, while the technical setup signals neutral momentum with a mild edge to buyers. Mehta believes price action will likely stay range-bound between $44.06 and $48.70, with the potential for contrarian opportunities if sentiment diverges further. "I’m watching for a breakout on either side of the range — until then, I’ll wait for confirmation before positioning more aggressively."

Earlier, analysts noted that Verizon was exhibiting a balanced technical outlook, with buyers and sellers evenly matched and momentum indicators showing no clear directional edge. The current setup affirms this indecision, highlighting that traders should closely monitor for a breakout above $48.70 or a breakdown below $44.06 as catalysts for the next significant move.

Source of Data: VZ Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.