NASDAQ:VLYPP - Nasdaq - US9197942066 - Currency: USD
Overall VLYPP gets a technical rating of 6 out of 10. VLYPP has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although the technical rating is only medium, VLYPP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 25.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.91, a Stop Loss order could be placed below this zone.
22.18
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 2 important areas.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
25.25 | 23.94 | 1.31 (5.17%) | 19.35% |
An entry @25.25. This is a Buy Stop order right above the resistance zone. | An exit @23.94. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.31 points, which is 5.17%. | For a 1.00% total portfolio risk, you can invest 19.35% of your capital in this trade. |
VALLEY NATIONAL BANCORP - VLY 6 1/4 PERP
NASDAQ:VLYPP (5/8/2025, 8:27:33 PM)
24.99
0 (0%)