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4.4% Return Seen to Date on SmarTrend Valley Natl Banc Call (VLY)

By Nick Russo

SmarTrend identified an Uptrend for Valley Natl Banc (NYSE:VLY) on May 3rd, 2019 at $10.57. In approximately 7 months, Valley Natl Banc has returned 4.45% as of today's recent price of $11.04.

In the past 52 weeks, shares of Valley Natl Banc have traded between a low of $8.42 and a high of $12.14 and are now at $11.04, which is 31% above that low price. The 200-day and 50-day moving averages have moved 0.06% higher and 0.11% higher over the past week, respectively.

Valley National Bancorp is the holding company for Valley National Bank and The Merchants Bank of New York. The Banks provide personal and commercial banking products and services to individuals and businesses through branches located in northern New Jersey, and Manhattan, New York. Valley's other subsidiaries include mortgage servicing and investment companies.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Valley Natl Banc shares.

Log in and add Valley Natl Banc (VLY) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights valley natl banc

Ticker(s): VLY