Londinia Opportunities Analyses - 01/23/2025 (GMT) VALLEY NATIONAL BANCORP - 1H

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	VLY
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 10.04 USD

My targets

10.27 USD (+1.58%)

10.53 USD (+4.15%)

My analysis

The bullish trend is currently very strong on VALLEY NATIONAL BANCORP. As long as the price remains above the support at 10.04 USD, you could try to benefit from the boom. The first bullish objective is located at 10.27 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 10.53 USD as an objective. Crossing it would then enable buyers to target 12.06 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

The VALLEY NATIONAL BANCORP rating is 10.11 USD. The price registered an increase of +3.16% on the session and was traded between 9.65 USD and 10.20 USD over the period. The price is currently at +4.77% from its lowest and -0.88% from its highest.

9.65

10.20

10.11

Here is a more detailed summary of the historical variations registered by VALLEY NATIONAL BANCORP:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this VALLEY NATIONAL BANCORP chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	9.57	9.89	10.04	10.11	10.27	10.53	12.06
Change (%)	-5.34%	-2.18%	-0.69%	-	+1.58%	+4.15%	+19.29%
Change	-0.54	-0.22	-0.07	-	+0.16	+0.42	+1.95
Level	Major	Major	Minor	-	Minor	Major	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.54	9.60	9.70	9.76	9.86	9.92	10.02
Camarilla	9.76	9.77	9.79	9.80	9.82	9.83	9.84
Woodie	9.56	9.61	9.72	9.77	9.88	9.93	10.04
Fibonacci	9.60	9.66	9.70	9.76	9.82	9.86	9.92

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.70	8.12	8.85	9.27	10.00	10.42	11.15
Camarilla	9.27	9.38	9.49	9.59	9.70	9.80	9.91
Woodie	7.87	8.20	9.02	9.35	10.17	10.50	11.32
Fibonacci	8.12	8.56	8.83	9.27	9.71	9.98	10.42

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.73	7.81	8.44	9.52	10.15	11.23	11.86
Camarilla	8.59	8.75	8.90	9.06	9.22	9.37	9.53
Woodie	6.50	7.70	8.21	9.41	9.92	11.12	11.63
Fibonacci	7.81	8.47	8.87	9.52	10.18	10.58	11.23

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):	76.87
MACD (12,26,9):	0.1400
Directional Movement:	33.09
AROON (14):	0
DEMA (21):	9.94
Parabolic SAR (0,02-0,02-0,2):	10.20
Elder Ray (13):	0.30
Super Trend (3,10):	9.76
Zig ZAG (10):	10.15
VORTEX (21):	1.2300
Stochastique (14,3,5):	77.77
TEMA (21):	9.95
Williams %R (14):	-18.18
Chande Momentum Oscillator (20):	0.37
Repulse (5,40,3):	3.0600
ROCnROLL:	1
TRIX (15,9):	0.1900
Courbe Coppock:	3.77

MA7:	9.63
MA20:	9.23
MA50:	9.77
MA100:	9.32
MAexp7:	9.90
MAexp20:	9.75
MAexp50:	9.51
MAexp100:	9.38
Price / MA7:	+4.98%
Price / MA20:	+9.53%
Price / MA50:	+3.48%
Price / MA100:	+8.48%
Price / MAexp7:	+2.12%
Price / MAexp20:	+3.69%
Price / MAexp50:	+6.31%
Price / MAexp100:	+7.78%

Quotes : - 15 min delayed data - Actions NASDAQ

News

The last news published on VALLEY NATIONAL BANCORP at the time of the generation of this analysis was as follows: