VALLEY NATIONAL BANCORP (VLY)
US9197941076 - Common Stock
We assign a technical rating of 0 out of 10 to VLY. 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, VLY is a bad performer in the overall market: 83% of all stocks are doing better.
VLY is one of the lesser performing stocks in the Banks industry. 90% of 412 stocks in the same industry do better.
VLY is currently trading in the lower part 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.
VLY has an average volume of 6374810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month VLY has a been trading in the 7.15 - 8.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, VLY does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 7.82. Right above this resistance zone may be a good entry point.
More info and screens
7.63
12.90
3 important resistance areas can be observed.
- A resistance zone ranging from 7.82 to 8.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.58 from a trend line in the weekly time frame.
- Resistance @12.77 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.51
Mansfield-1.82
10 Day High8.03
10 Day Low7.15
20 Day High8.17
20 Day Low7.15
52 Week High11.22
52 Week Low6.39
Performance
1 Week4.47%
2 Weeks2.66%
1 Month-4.22%
3 Month-25.58%
6 Month-1.41%
12 Month-10.24%
2 Year-35.64%
3 Year-44.01%
5 Year-26.43%
10 Year-23.05%
15 Year-46.72%
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)50.95
LBB7.05
UBB7.94
VALLEY NATIONAL BANCORP
NASDAQ:VLY (4/19/2024, 7:22:50 PM)
After market: 7.71 0 (0%)7.71
+0.4 (+5.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg5.47%
1 Week4.47%
2 Weeks2.66%
1 Month-4.22%
3 Month-25.58%
6 Month-1.41%
12 Month-10.24%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%3.98%
ATR Inc
Range Today0.5
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 High8.03
10 Day Low7.15
20 Day High8.17
20 Day Low7.15
52 Week High11.22
52 Week Low6.39
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume8.52M
Volume Incr-9.07%
Vol(5)4.95M
Vol(50)6.37M