Logo image of VLY.W

Valley National Bancorp (VLY.W) Stock Technical Analysis

NYSE:VLY.W - New York Stock Exchange, Inc. -

0.0025  0 (-52.83%)

Technical Rating and Analysis

0

Overall VLY.W gets a technical rating of 0 out of 10. VLY.W's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than VLY.W.
VLY.W is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month VLY.W has a been trading in the 0.00 - 0.09 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: VLY.W has an average volume of 5323 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
Valley National Bancorp / VLY.W Weekly stock chart
Valley National Bancorp / VLY.W Daily stock chart
Setup Rating and Analysis

2

The technical rating of VLY.W is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for VLY.W is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for VLY.W is down.
ChartMill Relative Strength0.07NEGATIVEVLY.W has a low relative strength, it was outperformed by 99.93% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of VLY.W is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of VLY.W is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of VLY.W is below a declining SMA(200).
Relative Strength Index/RSI (14)30.62NEUTRALThe RSI value for VLY.W is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests VLY.W has a positive trend, although the MACD value is declining.
Stochastics (14,3)3.75OVERSOLDThe low Stochastics value suggests VLY.W may be oversold.
Average True Range in percent/ATR (20)238.6HIGH VOLATILITYThe high ATR as a percentage value for VLY.W suggests high volalility.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Valley National Bancorp / VLY.W Daily stock chart

Valley National Bancorp

NYSE:VLY.W (10/8/2018, 10:01:01 PM)

0.0025

0 (-52.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-52.83%
1 Week-72.83%
2 Weeks-89.13%
1 Month-87.5%
3 Month-97.5%
6 Month-97.92%
12 Month-99%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%238.6%
ATR Inc54.35%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.07
Mansfield-9.82
10 Day High0.02
10 Day Low0
20 Day High0.09
20 Day Low0
52 Week High0.28
52 Week Low0
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-62.11%
DER(5)-37.27%
Volume335
Volume Incr-98.43%
Vol(5)113.8
Vol(50)5.32K