VEECO INSTRUMENTS INC (VECO)
US9224171002 - Common Stock
We assign a technical rating of 7 out of 10 to VECO. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that VECO is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by VECO over the past year are nicely spread over this period.
VECO is part of the Semiconductors & Semiconductor Equipment industry. There are 107 other stocks in this industry. VECO outperforms 84% of them.
VECO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so VECO is performing more or less in line with the market.
In the last month VECO has a been trading in the 32.17 - 37.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, VECO also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 36.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.95, a Stop Loss order could be placed below this zone.
More info and screens
27.62
37.79
We found 4 important support areas.
- A support zone ranging from 32.57 to 32.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.70 from a horizontal line in the daily time frame.
- Support @29.90 from a trend line in the weekly time frame.
- Support @27.90 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 36.90 to 37.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.29
Mansfield1.03
10 Day High36.67
10 Day Low32.17
20 Day High37.7
20 Day Low32.17
52 Week High37.75
52 Week Low17.7
Performance
1 Week7.92%
2 Weeks-2.36%
1 Month-0.03%
3 Month8.35%
6 Month45.53%
12 Month90.88%
2 Year53.4%
3 Year52.8%
5 Year188.67%
10 Year-4.9%
15 Year385.64%
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)-0.11
RSI(14)52.29
LBB31.97
UBB37.96
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 |
|---|---|---|---|
| 37.43 | 32.56 | 4.87 (13.01%) | 7.69% |
| An entry @37.43. This is a Buy Stop order right above the resistance zone. | An exit @32.56. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.87 points, which is 13.01%. | For a 1.00% total portfolio risk, you can invest 7.69% of your capital in this trade. |
- 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.
VEECO INSTRUMENTS INC
NASDAQ:VECO (4/26/2024, 7:22:20 PM)
After market: 35.16 0 (0%)35.16
+0.76 (+2.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg2.21%
1 Week7.92%
2 Weeks-2.36%
1 Month-0.03%
3 Month8.35%
6 Month45.53%
12 Month90.88%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.48
ATR(20)%3.95%
ATR Inc
Range Today2.34
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 High36.67
10 Day Low32.17
20 Day High37.7
20 Day Low32.17
52 Week High37.75
52 Week Low17.7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume432.60K
Volume Incr-1.66%
Vol(5)438.02K
Vol(50)444.88K