NASDAQ:VLYPO - Nasdaq - US9197943056 - Currency: USD
Taking everything into account, VLYPO scores 1 out of 10 in our technical rating. VLYPO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, VLYPO 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 24.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.25, a Stop Loss order could be placed below this zone.
22.71
When analyzing the support we notice one important area.
We found 1 important resistance area.
VALLEY NATIONAL BANCORP - VLY 8.43172 PERP
NASDAQ:VLYPO (4/21/2025, 2:10:57 PM)
23.9399
+0.06 (+0.25%)