DOW JONES OVERVIEW: VERIZON IN UNCERTAINTY, ON SHORT TERM RISKAt least stock price wise, not all is looking good for Verizon...
Trading between macro means on long term basis, price signalling uncertainty. Price has recently failed 5-year mean at 44 and is now between it and 10-year mean at 38. No trend on macro basis is an outlier, indicating that currently long term institutional investors are unsure regarding this company.
On short term basis VZ is on a risk of further decline, as it is trades below 1st st deviations from both quarterly and yearly means
Both short term levels are above 5 year mean, so as long as price will be trading below 44, it risks to fall onto the 10-year mean at 38
Uncertainty
DOW JONES OVERVIEW: UTX IN MACRO UNCERTAINTY, ON SHORT TERM RISKUnited Technologies in a very risky situation...
On long term basis price is trading between 10-year and 5-year means. Price close to macro means is actually an outlier, an indication of uncertainty of major market participants and investors regarding the stock.
On short term basis price is currently on downward risk, as it trades below the 1st standard deviation form both 1-year mean and quarterly means - at 98 and 89 respectively - indicating downtrends on yearly and quarterly basis basis.
DOW JONES OVERVIEW: PG AT MACRO UNCERTAINTY, SHORT TERM RISKProcter & Gamble is in uncertain situation on macro basis.
On long term basis price is trading between 10-year and 5-year means. Price close to macro means is actually an outlier, an indication of uncertainty of major market participants and investors regarding the stock.
On short term basis price is currently on downward risk, as it trades below the 1st standard deviation form 1-year mean @ 75.3 - indicating a downtrend on yearly basis.
MACRO VIEW: SNP LIKELY TO FALL WITHIN WIDER LATERAL RANGEOn technical basis, SPY (The S&P500 ETF) has broken down below 1st standard deviation from quarterly mean (66 days), while also breaking below 1 year mean (264 days).
The price has now entered a downtrend on quarterly basis, and will continue to fall if price stays below 1st standard deviation from quarterly mean (207.1) Closest target is the lower 1st st deviation from 1 year mean (197.70)
After the target is tagged, price will likely stay within 1st standard deviation from 1 year mean for some time (range will be 197.7 - 212.5)
SPY is mostly influenced by upcoming September uncertainty, caused by upcoming US policy decision in regard to Iran (to leave it sanctioned or to open it up).