Taking everything into account, VEEAW scores 6 out of 10 in our technical rating. VEEAW has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- VEEAW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Warning: VEEAW has an average volume of 15770 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month VEEAW has a been trading in the 0.04 - 0.09 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, VEEAW outperforms 51% of them, which is more or less in line with the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is only medium, VEEAW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.08
We found 1 important support area.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for VEEAW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VEEAW is up. |
| ChartMill Relative Strength | 51.81 | NEUTRAL | VEEAW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VEEAW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VEEAW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VEEAW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.71 | NEUTRAL | The RSI value for VEEAW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VEEAW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.08 | NEUTRAL | The Stochastics value for VEEAW is a neutral value. |
| Average True Range in percent/ATR (20) | 21.5 | HIGH VOLATILITY | The high ATR as a percentage value for VEEAW suggests high volalility. |
| Average Directional Index/ADX (14) | 27.59 | POSITIVE | The high ADX value value for VEEAW suggests a strong trend. |
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 |
|---|---|---|---|
| 0.10 | 0.07 | 0.03 (29.86%) | 3.35% |
| An entry @0.10. This is a Buy Stop order right above the 10 day high. | An exit @0.07. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.03 points, which is 29.86%. | For a 1.00% total portfolio risk, you can invest 3.35% 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.
NASDAQ:VEEAW (1/23/2026, 4:00:00 PM)
0.0855
+0.01 (+20.42%)
PLUM ACQUISITION I A -CW28 / VEEAW FAQ
Can you provide the ChartMill technical rating for PLUM ACQUISITION I A -CW28?
ChartMill assigns a technical rating of 6 / 10 to VEEAW.
What is the current trend direction of PLUM ACQUISITION I A -CW28 (VEEAW) stock?
The current trend direction for PLUM ACQUISITION I A -CW28 (VEEAW) is Bearish.
Can you provide the RSI signal for PLUM ACQUISITION I A -CW28?
PLUM ACQUISITION I A -CW28 (VEEAW) has an RSI value of 58.713. This indicates that the stock is currently neutral.
What is the MACD signal for PLUM ACQUISITION I A -CW28 (VEEAW) stock?
The MACD indicator for PLUM ACQUISITION I A -CW28 (VEEAW) has a value of -0.000272683, indicating a bearish trend.