Valley National Bancorp (NASDAQ:VLY) Fell By -1.5%, But Why?

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In its most recent trading session, Valley National Bancorp (NASDAQ:VLY) dropped by -1.5% – here is what that looked like (as of 2019-12-04):

Why are these moves happning?? To understand this better, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.007, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.146, an Accumulation/Distribution Index (ADI) of 0.146, an On-Balance Volume (OBV) of 318.174, and a Chaiikin Money Flow (CMF) of 11.28. 22.0

Now let’s take all these indicators into account. Consulting Trading View, putting it all together gets the following:

That is what an analysis of technical indicators seems to indicate for Valley National Bancorp (NASDAQ:VLY). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.