VALLEY NATIONAL BANCORP - VLY 6 1/4 PERP (VLYPP) Stock Technical Analysis
NASDAQ:VLYPP - Nasdaq - US9197942066
Overall VLYPP gets a technical rating of 8 out of 10. Both in the recent history as in the last year, VLYPP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: VLYPP has an average volume of 14704 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, VLYPP did better than 72% of all other stocks. We also observe that the gains produced by VLYPP over the past year are nicely spread over this period.
VLYPP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
VLYPP is part of the Banks industry. There are 405 other stocks in this industry, VLYPP did better than 60% of them.
In the last month VLYPP has a been trading in a tight range between 24.72 and 25.68.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, VLYPP also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.08, a Stop Loss order could be placed below this zone.
More info and screens
21.29
25.94
We found 3 important support areas.
- A support zone ranging from 24.37 to 25.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.74 from a trend line in the weekly time frame.
- A support zone ranging from 21.50 to 21.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @25.19 from a horizontal line in the weekly time frame.
- Strong resistance @25.68 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.73
Mansfield0.02
10 Day High25.19
10 Day Low24.72
20 Day High25.68
20 Day Low24.72
52 Week High25.68
52 Week Low18.63
Performance
1 Week1.53%
2 Weeks0.28%
1 Month0.54%
3 Month0.68%
6 Month15.08%
12 Month22.35%
2 Year1.17%
3 Year-5.69%
5 Year-11.87%
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)54.35
LBB24.6
UBB25.49
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 | 24.71 | 0.49 (1.94%) | 25.00% |
| An entry @25.20. This is a Buy Stop order right above the resistance zone. | An exit @24.71. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.49 points, which is 1.94%. | For a 0.49% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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 6 1/4 PERP
NASDAQ:VLYPP (1/17/2025, 8:00:01 PM)
25.18
+0.11 (+0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.42%
1 Week1.53%
2 Weeks0.28%
1 Month0.54%
3 Month0.68%
6 Month15.08%
12 Month22.35%
2 Year1.17%
3 Year-5.69%
5 Year-11.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%1.03%
ATR Inc-28.64%
Range Today0.22
ADR(20)0.23
ADR(20)%0.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.73
Mansfield0.02
10 Day High25.19
10 Day Low24.72
20 Day High25.68
20 Day Low24.72
52 Week High25.68
52 Week Low18.63
CS1 End25.08
CR1 Start25.19
Volume & EV
DER(3)1.21%
DER(5)2.25%
Volume2.40K
Volume Incr-85.12%
Vol(5)4.32K
Vol(50)14.70K