VALLEY NATIONAL BANCORP - 1H - Technical analysis published on 07/22/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Neutral
Technical indicators
56%
6%
39%
My opinion
Neutral between 10.62 USD and 10.73 USD
My targets
-
My analysis
The short-term and basic trend is neutral. In this situation, the price of VALLEY NATIONAL BANCORP could just as easily move towards the first resistance as the first support. No statistical advantage is given for one of these levels to be achieved before the other. It will be necessary to create a new automated analysis when the conditions have progressed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below. The first resistance is located at 10.73 USD. The first support is located at 10.62 USD.
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This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VALLEY NATIONAL BANCORP price is 10.70 USD. The price has increased by +0.56% since the last closing and was traded between 10.60 USD and 10.79 USD over the period. The price is currently at +0.94% from its lowest and -0.83% from its highest.10.60
10.79
10.70
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by VALLEY NATIONAL BANCORP:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of VALLEY NATIONAL BANCORP in 1H shows a neutral overall trend. This indecision is confirmed by the neutral signals currently given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10.13 | 10.42 | 10.62 | 10.70 | 10.73 | 10.88 | 11.03 |
| Change (%) | -5.33% | -2.62% | -0.75% | - | +0.28% | +1.68% | +3.08% |
| Change | -0.57 | -0.28 | -0.08 | - | +0.03 | +0.18 | +0.33 |
| Level | Major | Minor | Major | - | Major | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.47 | 10.53 | 10.58 | 10.64 | 10.69 | 10.75 | 10.80 |
| Camarilla | 10.61 | 10.62 | 10.63 | 10.64 | 10.65 | 10.66 | 10.67 |
| Woodie | 10.48 | 10.53 | 10.59 | 10.64 | 10.70 | 10.75 | 10.81 |
| Fibonacci | 10.53 | 10.57 | 10.60 | 10.64 | 10.68 | 10.71 | 10.75 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.39 | 10.51 | 10.70 | 10.81 | 11.00 | 11.12 | 11.31 |
| Camarilla | 10.81 | 10.83 | 10.86 | 10.89 | 10.92 | 10.95 | 10.97 |
| Woodie | 10.43 | 10.53 | 10.74 | 10.83 | 11.04 | 11.14 | 11.35 |
| Fibonacci | 10.51 | 10.62 | 10.70 | 10.81 | 10.93 | 11.00 | 11.12 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.85 | 9.27 | 10.03 | 10.44 | 11.20 | 11.62 | 12.37 |
| Camarilla | 10.46 | 10.57 | 10.67 | 10.78 | 10.89 | 11.00 | 11.10 |
| Woodie | 9.02 | 9.35 | 10.19 | 10.53 | 11.37 | 11.70 | 12.54 |
| Fibonacci | 9.27 | 9.72 | 9.99 | 10.44 | 10.89 | 11.17 | 11.62 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.81 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 0.35 | |
| AROON (14): | 71.42 | |
| DEMA (21): | 10.69 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.60 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 10.84 | |
| Zig ZAG (10): | 10.70 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 72.62 | |
| TEMA (21): | 10.71 | |
| Williams %R (14): | -42.86 | |
| Chande Momentum Oscillator (20): | 0.05 | |
| Repulse (5,40,3): | -0.2600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 1.16 |
| MA7: | 10.72 | |
| MA20: | 10.63 | |
| MA50: | 10.34 | |
| MA100: | 10.20 | |
| MAexp7: | 10.71 | |
| MAexp20: | 10.69 | |
| MAexp50: | 10.70 | |
| MAexp100: | 10.66 | |
| Price / MA7: | -0.19% | |
| Price / MA20: | +0.66% | |
| Price / MA50: | +3.48% | |
| Price / MA100: | +4.90% | |
| Price / MAexp7: | -0.09% | |
| Price / MAexp20: | +0.09% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | +0.38% |
News
Don"t forget to follow the news on VALLEY NATIONAL BANCORP. At the time of publication of this analysis, the latest news was as follows:
- Valley National Bank unveils refreshed brand with new logo, website and plans for branch transformations
- Valley National Bancorp To Announce Third Quarter 2018 Earnings
- Valley National Bancorp Announces Transfer Of Stock Listing To Nasdaq
- Valley National Bancorp Declares Its Regular Quarterly Preferred And Common Stock Dividends
- Valley National Bancorp Reports Increased Second Quarter Net Income And Strong Organic Loan Growth
This member declared not having a position on this financial instrument or a related financial instrument.
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