Technical Analysis for VLY - Valley National Bancorp

Grade Last Price % Change Price Change
grade D 7.96 6.85% 0.51
VLY closed up 6.85 percent on Friday, August 7, 2020, on approximately normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up
Historical VLY trend table...

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
MACD Bullish Centerline Cross Bullish 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%
Expansion Pivot Buy Setup Bullish Swing Setup 0.00%
Outside Day Range Expansion 0.00%
Above Upper BB Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Shooting Star Candlestick Bearish 6.85%
180 Bearish Setup Bearish Swing Setup 6.85%

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Profile

Valley National Bancorp operates as the bank holding company for the Valley National Bank that provides commercial, retail, and wealth management financial services. The company operates through four segments: Consumer Lending, Commercial Lending, Investment Management, and Corporate and Other Adjustments. Its deposit products include savings, NOW, money market, and non-interest-bearing accounts, as well as certificates of deposit. The company's loan products portfolio comprises commercial loans, including floating and adjustable rate commercial and industrial loans, and fixed rate owner occupied and commercial real estate loans; and consumer loans comprising residential mortgages, as well as automobile loans, home equity loans and lines of credit, loans secured by the cash surrender value of life insurance, and credit card loans. It also provides trust services to individuals; asset management advisory services, including investment services for individuals and small to medium sized businesses; and custom tailored investment strategies for retirement plans. In addition, the company invests in securities, such as fixed rate investments, federal funds, and interest-bearing deposits with banks; and offers international banking services, such as standby letters of credit, and documentary letters of credit and related products. Further, it provides property and casualty, life, health, and title insurance; asset-based lending support services; and health care equipment and other commercial equipment leases, as well as owns and services real estate related investments, general aviation aircraft loans and existing commercial equipment leases, and New York commercial loans. Additionally, the company offers other banking services, such as automated teller machines, telephone and Internet banking, and safe deposit facilities. It operates 210 branches in 146 communities in New Jersey and New York. The company was founded in 1927 and is headquartered in Wayne, New Jersey.
Financial Services Banking Bank Deposit Products Texas Capital Bank Real Estate Loans Life Insurance Qcr Holdings Internet Banking Trust Services Investment Services Title Insurance Private Banks Health Care Equipment Asset Based Lending Support Services Asset Management Advisory Services Wealth Management Financial Services

Is VLY a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 12.14
52 Week Low 6.0
Average Volume 2,301,105
200-Day Moving Average 9.25
50-Day Moving Average 7.74
20-Day Moving Average 7.47
10-Day Moving Average 7.55
Average True Range 0.32
ADX 10.16
+DI 25.72
-DI 17.28
Chandelier Exit (Long, 3 ATRs ) 7.00
Chandelier Exit (Short, 3 ATRs ) 7.68
Upper Bollinger Band 7.95
Lower Bollinger Band 6.99
Percent B (%b) 1.01
BandWidth 12.84
MACD Line 0.02
MACD Signal Line -0.03
MACD Histogram 0.0417
Fundamentals Value
Market Cap 2.1 Billion
Num Shares 264 Million
EPS 0.70
Price-to-Earnings (P/E) Ratio 11.37
Price-to-Sales 4.34
Price-to-Book 1.33
PEG Ratio 3.33
Dividend 0.44
Dividend Yield 5.53%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.88
Resistance 3 (R3) 8.78 8.37 8.72
Resistance 2 (R2) 8.37 8.14 8.42 8.67
Resistance 1 (R1) 8.17 8.00 8.27 8.27 8.62
Pivot Point 7.76 7.76 7.82 7.81 7.76
Support 1 (S1) 7.56 7.53 7.66 7.66 7.30
Support 2 (S2) 7.15 7.39 7.20 7.25
Support 3 (S3) 6.95 7.15 7.20
Support 4 (S4) 7.05