VALLEY NATIONAL BANCORP (VLY)

US9197941076 - Common Stock

8.44  -0.03 (-0.35%)

After market: 8.44 0 (0%)

Technical Rating and Analysis

0

Taking everything into account, VLY scores 0 out of 10 in our technical rating. VLY'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.
83% of all other stocks performed better in the past year than VLY.
VLY is part of the Banks industry. There are 416 other stocks in this industry, of which 87% are performing better than VLY.
VLY has an average volume of 5419560 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 currently trading near new highs, so VLY is lagging the market.
In the last month VLY has a been trading in the 7.35 - 10.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
VLY Weekly chart
VLY Daily chart
Setup Rating and Analysis

5

VLY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 7.96, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

7.43

12.90

2 important support areas can be observed.

  • A support zone ranging from 7.70 to 7.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @7.51 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 8.84 to 8.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @10.53 from a trend line in the daily time frame.
  • Resistance @10.82 from a trend line in the weekly time frame.
  • Resistance @11.10 from a horizontal line in the daily time frame.
  • Resistance @12.77 from a horizontal 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
CRS17.56
Mansfield-1.82
10 Day High9.01
10 Day Low7.95
20 Day High10.64
20 Day Low7.35
52 Week High11.86
52 Week Low6.39
Performance
1 Week-2.31%
2 Weeks2.37%
1 Month-18.22%
3 Month-3.76%
6 Month-3.65%
12 Month-27.92%
2 Year-39.58%
3 Year-31.1%
5 Year-20.08%
10 Year-16.27%
15 Year-26.16%
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)0.02
RSI(14)40.85
LBB7.91
UBB8.92
VLY Daily chart

VALLEY NATIONAL BANCORP

NASDAQ:VLY (2/23/2024, 7:18:28 PM)

After market: 8.44 0 (0%)

8.44

-0.03 (-0.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.35%
1 Week-2.31%
2 Weeks2.37%
1 Month-18.22%
3 Month-3.76%
6 Month-3.65%
12 Month-27.92%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.49
ATR(20)%6.48%
ATR Inc
Range Today0.24
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 High9.01
10 Day Low7.95
20 Day High10.64
20 Day Low7.35
52 Week High11.86
52 Week Low6.39
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.79M
Volume Incr-39.63%
Vol(5)4.80M
Vol(50)5.42M