VEEVA SYSTEMS INC-CLASS A (VEEV) Technical Analysis
NYSE:VEEV • US9224751084
Current stock price
VEEV Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to VEEV. VEEV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, VEEV is a bad performer in the overall market: 90% of all stocks are doing better.
- VEEV is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month VEEV has a been trading in the 148.05 - 183.22 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- VEEV has an average volume of 2247740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- VEEV is part of the Health Care Technology industry. There are 35 other stocks in this industry, VEEV did better than 50% of them.
VEEV Weekly and Daily overview Charts
VEEV Setup Rating and Analysis
The technical rating of VEEV is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
VEEV Support and Resistance Analysis
154.59
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 162.85 to 168.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
VEEV Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for VEEV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VEEV is down. |
| ChartMill Relative Strength | 10.09 | NEGATIVE | VEEV has a low relative strength, it was outperformed by 89.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VEEV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VEEV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VEEV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.98 | NEUTRAL | The RSI value for VEEV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests VEEV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.66 | NEUTRAL | The Stochastics value for VEEV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for VEEV suggests some volalility. |
| Average Directional Index/ADX (14) | 17.77 | NEGATIVE | The low ADX value for VEEV suggests a weak or negative trend. |
VEEV Chart- and CandleStick Pattern Analysis
VEEV Technicals: Chart, Performance Metrics, Trend & Indicators
156.15
-7.63 (-4.66%)
VEEVA SYSTEMS INC-CLASS A / VEEV TA FAQ
What is the technical rating for VEEV stock?
ChartMill assigns a technical rating of 0 / 10 to VEEV.
What is the trend direction for VEEV stock?
The current trend direction for VEEVA SYSTEMS INC-CLASS A (VEEV) is Bearish.
Can you provide the RSI signal for VEEVA SYSTEMS INC-CLASS A?
VEEVA SYSTEMS INC-CLASS A (VEEV) has an RSI value of 33.9816. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VEEVA SYSTEMS INC-CLASS A?
The MACD indicator for VEEVA SYSTEMS INC-CLASS A (VEEV) has a value of 0.231597, indicating a bearish trend.
Can you provide the buy/sell signal for VEEVA SYSTEMS INC-CLASS A?
The buy/sell signal for VEEVA SYSTEMS INC-CLASS A (VEEV) is sell as both the short term and long term trends are negative.