VALLEY NATIONAL BANCORP - VLY 8.43172 PERP (VLYPO) Stock Technical Analysis
NASDAQ:VLYPO - Nasdaq - US9197943056 - Currency: USD
We assign a technical rating of 7 out of 10 to VLYPO. Although VLYPO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
VLYPO is part of the Banks industry. There are 404 other stocks in this industry, of which 62% are performing better than VLYPO.
Warning: VLYPO has an average volume of 6344 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
VLYPO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VLYPO is lagging the market slightly.
When comparing the performance of all stocks over the past year, VLYPO turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
In the last month VLYPO has a been trading in a tight range between 25.06 and 25.45.
Besides having an excellent technical rating, VLYPO also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 25.37. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.30, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
21.53
25.97
We found 3 important support areas.
- A support zone ranging from 24.79 to 25.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @24.28 from a horizontal line in the daily time frame.
- Support @21.75 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.17 to 25.71. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS55.64
Mansfield-0.57
10 Day High25.39
10 Day Low25.07
20 Day High25.45
20 Day Low25.06
52 Week High26.01
52 Week Low21.61
Performance
1 Week0.67%
2 Weeks0.65%
1 Month0.43%
3 Month-0.12%
6 Month1.93%
12 Month7.79%
2 Year-0.08%
3 Year2.42%
5 Year-3.07%
10 YearN/A
15 YearN/A
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)0.01
RSI(14)62.87
LBB25.05
UBB25.3
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 |
|---|---|---|---|
| 25.20 | 25.06 | 0.14 (0.54%) | 25.00% |
| An entry @25.20. This is a Buy Stop order right above the 10 day moving average. | An exit @25.06. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.14 points, which is 0.54%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.14%. |
- The distance between exit and entry is rather small compared to the average daily movement of VLYPO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
VALLEY NATIONAL BANCORP - VLY 8.43172 PERP
NASDAQ:VLYPO (2/21/2025, 3:57:14 PM)
25.17
-0.14 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.55%
1 Week0.67%
2 Weeks0.65%
1 Month0.43%
3 Month-0.12%
6 Month1.93%
12 Month7.79%
2 Year-0.08%
3 Year2.42%
5 Year-3.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.46%
ATR Inc-2.17%
Range Today0.18
ADR(20)0.11
ADR(20)%0.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.64
Mansfield-0.57
10 Day High25.39
10 Day Low25.07
20 Day High25.45
20 Day Low25.06
52 Week High26.01
52 Week Low21.61
CS1 End25.3
CR1 Start25.37
Volume & EV
DER(3)-0.4%
DER(5)-1.45%
Volume9.07K
Volume Incr7.65%
Vol(5)5.28K
Vol(50)6.34K