Is Valley National Bancorp technically bullish or bearish?
As of June 13, 2025, the market trend is mildly bearish, supported by daily moving averages, despite some bullish signals on weekly indicators, suggesting caution due to a lack of strong momentum.
As of 13 June 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend. While the weekly MACD and KST show mildly bullish signals, the overall weekly and monthly Dow Theory supports a bearish outlook. The RSI shows no signal, and Bollinger Bands are sideways, indicating a lack of strong momentum. Despite some bullish indicators on the longer time frames, the prevailing daily trend suggests caution.
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