VEEVA SYSTEMS INC-CLASS A (VEEV)
US9224751084 - Common Stock
Overall VEEV gets a technical rating of 6 out of 10. Although VEEV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
VEEV is one of the better performing stocks in the Health Care Technology industry, it outperforms 86% of 37 stocks in the same industry.
In the last month VEEV has a been trading in the 203.50 - 223.29 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that VEEV is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
VEEV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VEEV is lagging the market slightly.
Although the technical rating is only medium, VEEV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
162.98
226.14
5 important support areas can be observed.
- A support zone ranging from 209.34 to 211.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 201.80 to 204.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @197.19 from a trend line in the daily time frame.
- A support zone ranging from 178.74 to 181.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @164.63 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 212.53 to 213.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 220.59 to 223.90. This zone is formed by a combination of multiple trend lines 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
CRS77.67
Mansfield-0.36
10 Day High221.16
10 Day Low208.32
20 Day High223.29
20 Day Low203.5
52 Week High236.9
52 Week Low162.85
Performance
1 Week0.19%
2 Weeks-4.22%
1 Month5.31%
3 Month13.74%
6 Month4.29%
12 Month28.74%
2 Year11.65%
3 Year-24.79%
5 Year42.47%
10 Year546.97%
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)-0.59
RSI(14)50.29
LBB207.85
UBB222.81
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 213.71 | 209.33 | 4.38 (2.05%) | 25.00% |
| An entry @213.71. This is a Buy Stop order right above the resistance zone. | An exit @209.33. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.38 points, which is 2.05%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.51%. |
- The distance between exit and entry is rather small compared to the average daily movement of VEEV. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
VEEVA SYSTEMS INC-CLASS A
NYSE:VEEV (11/4/2024, 8:04:00 PM)
After market: 212.4 -0.13 (-0.06%)212.53
-0.25 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-0.12%
1 Week0.19%
2 Weeks-4.22%
1 Month5.31%
3 Month13.74%
6 Month4.29%
12 Month28.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.84
ATR(20)%2.08%
ATR Inc
Range Today3.61
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High221.16
10 Day Low208.32
20 Day High223.29
20 Day Low203.5
52 Week High236.9
52 Week Low162.85
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume641.70K
Volume Incr-9.83%
Vol(5)634.10K
Vol(50)872.92K