VLY Crosses Above Key Moving Average Level

In trading on Wednesday, shares of Valley National Bancorp (VLY) crossed above their 200 day moving average of $9.85, changing hands as high as $9.92 per share. Valley National Bancorp shares are currently trading down about 0.2% on the day. The chart below shows the one year performance of VLY shares, versus its 200 day moving average:

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Valley National Bancorp 200 Day Moving Average Chart

Looking at the chart above, VLY's low point in its 52 week range is $8.75 per share, with $10.73 as the 52 week high point — that compares with a last trade of $9.76.

According to the ETF Finder at ETF Channel, VLY makes up 1.97% of the SPDR S&P Bank ETF ( KBE) which is trading up by about 0.4% on the day Wednesday.

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