VALLEY NATIONAL BANCORP (VLY)
US9197941076 - Common Stock
We assign a technical rating of 1 out of 10 to VLY. VLY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, VLY is a bad performer in the overall market: 73% of all stocks are doing better.
VLY is one of the lesser performing stocks in the Banks industry. 90% of 406 stocks in the same industry do better.
In the last month VLY has a been trading in the 8.90 - 11.10 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.
VLY has an average volume of 7300490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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.
The technical rating of VLY is bad and it also does not present a 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.
More info and screens
6.52
10.69
We found 3 important support areas.
- Support @9.00 from a horizontal line in the daily time frame.
- Support @8.05 from a horizontal line in the daily time frame.
- Support @6.59 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.52 to 10.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.65
Mansfield-0.25
10 Day High10.73
10 Day Low8.9
20 Day High11.1
20 Day Low8.9
52 Week High11.18
52 Week Low6.47
Performance
1 Week-9.58%
2 Weeks-12.84%
1 Month-10.63%
3 Month1.1%
6 Month39.21%
12 Month-16.04%
2 Year-19.01%
3 Year-33.38%
5 Year-20%
10 Year-5.66%
15 Year-35.17%
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)-0.19
RSI(14)31.05
LBB9.05
UBB11.07
VALLEY NATIONAL BANCORP
NASDAQ:VLY (12/20/2024, 8:00:01 PM)
After market: 9.1601 0 (0%)9.16
+0.15 (+1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.66%
1 Week-9.58%
2 Weeks-12.84%
1 Month-10.63%
3 Month1.1%
6 Month39.21%
12 Month-16.04%
2 Year-19.01%
3 Year-33.38%
5 Year-20%
10 Year-5.66%
15 Year-35.17%
Volatility
ATR(14)0.34
ATR(20)%3.63%
ATR Inc69.4%
Range Today0.42
ADR(20)0.32
ADR(20)%3.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.65
Mansfield-0.25
10 Day High10.73
10 Day Low8.9
20 Day High11.1
20 Day Low8.9
52 Week High11.18
52 Week Low6.47
CS1 End9
CR1 Start10.52
Volume & EV
DER(3)-1.96%
DER(5)0.24%
Volume18.45M
Volume Incr85.71%
Vol(5)9.68M
Vol(50)7.30M