VALLEY NATIONAL BANCORP (VLY)

US9197941076 - Common Stock

8.23  +0.16 (+1.98%)

After market: 8.23 0 (0%)

Technical Rating and Analysis

6

Overall VLY gets a technical rating of 6 out of 10. VLY has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

73% of all other stocks performed better in the past year than VLY.
VLY is part of the Banks industry. There are 407 other stocks in this industry, of which 91% are performing better than VLY.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month VLY has a been trading in the 6.56 - 8.49 range, which is quite wide. It is currently trading near the high of this range.
VLY has an average volume of 5644550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VLY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VLY is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
VLY Weekly chart
VLY Daily chart
Setup Rating and Analysis

3

VLY has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

6.45

10.25

We found 2 important support areas.

  • Support @7.82 from a horizontal line in the daily time frame.
  • A support zone ranging from 6.52 to 6.59. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 8.23 to 8.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @10.15 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.78
Mansfield-1.44
10 Day High8.49
10 Day Low7.31
20 Day High8.49
20 Day Low6.56
52 Week High11.22
52 Week Low6.47
Performance
1 Week2.62%
2 Weeks11.82%
1 Month23.39%
3 Month12.43%
6 Month-20.41%
12 Month-19%
2 Year-29.6%
3 Year-36.15%
5 Year-26.25%
10 Year-14.09%
15 Year-35.3%
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)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)66.49
LBB6.86
UBB8.63
VLY Daily chart

VALLEY NATIONAL BANCORP

NASDAQ:VLY (7/26/2024, 7:05:38 PM)

After market: 8.23 0 (0%)

8.23

+0.16 (+1.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.98%
1 Week2.62%
2 Weeks11.82%
1 Month23.39%
3 Month12.43%
6 Month-20.41%
12 Month-19%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.39
ATR(20)%4.09%
ATR Inc
Range Today0.36
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.49
10 Day Low7.31
20 Day High8.49
20 Day Low6.56
52 Week High11.22
52 Week Low6.47
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.24M
Volume Incr54.05%
Vol(5)9.19M
Vol(50)5.64M