VEEVA SYSTEMS INC-CLASS A (VEEV) Stock Technical Analysis
NYSE:VEEV - New York Stock Exchange, Inc. - US9224751084 - Common Stock - Currency: USD
Taking everything into account, VEEV scores 4 out of 10 in our technical rating. VEEV has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month VEEV has a been trading in the 220.94 - 240.95 range, which is quite wide. It is currently trading near the lows of this range.
VEEV has an average volume of 1073590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, VEEV turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
VEEV is part of the Health Care Technology industry. There are 39 other stocks in this industry, VEEV did better than 65% of them.
VEEV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VEEV is lagging the market.
VEEV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 221.79, a Stop Loss order could be placed below this zone.
More info and screens
184.41
239.05
When analyzing the support we can see 4 important areas.
- A support zone ranging from 219.29 to 221.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 209.89 to 213.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @205.13 from a horizontal line in the daily time frame.
- Support @186.27 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @236.68 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.91
Mansfield-0.03
10 Day High240.49
10 Day Low225.14
20 Day High240.95
20 Day Low220.94
52 Week High258.93
52 Week Low170.25
Performance
1 Week-3.57%
2 Weeks-5.7%
1 Month1.26%
3 Month4.25%
6 Month13.32%
12 Month1.87%
2 Year36.3%
3 Year-1.42%
5 Year59.04%
10 Year631.42%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.41
RSI(14)43.6
LBB226.16
UBB241.38
225.79
-2.95 (-1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-1.29%
1 Week-3.57%
2 Weeks-5.7%
1 Month1.26%
3 Month4.25%
6 Month13.32%
12 Month1.87%
2 Year36.3%
3 Year-1.42%
5 Year59.04%
10 Year631.42%
15 YearN/A
Volatility
ATR(14)5.3
ATR(20)%2.47%
ATR Inc-32.67%
Range Today3.36
ADR(20)5.38
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.91
Mansfield-0.03
10 Day High240.49
10 Day Low225.14
20 Day High240.95
20 Day Low220.94
52 Week High258.93
52 Week Low170.25
CS1 End221.79
CR1 Start236.68
Volume & EV
DER(3)0.01%
DER(5)0.61%
Volume940.10K
Volume Incr-2.44%
Vol(5)938.58K
Vol(50)1.07M