Chart pattern

VLY chart pattern — Valley Bank

1 formation detected on the latest close (Nov 06, 2026).

Overview Technicals

Descending Channel · Weekly candles

BearishForming

Last close$14.08

Trigger$12.19 (-13.4%)

Upper boundary$14.92

Lower boundary$12.19

Pattern spanMay 15, 2026 → 25 bars

Touches4

Fit score67/100

A steady downtrend held between two parallel falling lines. Trigger: A close above the upper rail is the first real sign the downtrend is ending. A close below the lower rail is capitulation. Invalidation: A sustained close above the upper rail.

Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.