Technical Analysis for VEEV - Veeva Systems Inc.

Grade Last Price % Change Price Change
C 210.63 0.35% 0.74
VEEV closed up 0.35 percent on Wednesday, November 20, 2024, on 1.33 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: Dec 4
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Calm After Storm Range Contraction 0.35%
NR7 Range Contraction 0.35%
NR7-2 Range Contraction 0.35%
Stochastic Reached Oversold Weakness 0.35%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 18 hours ago
Fell Below Previous Day's Low about 22 hours ago
Down 1% about 22 hours ago
60 Minute Opening Range Breakout 1 day ago
1.5x Volume Pace 1 day ago

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Profile

Veeva Systems Inc. Description

Veeva Systems Inc. provides industry-specific cloud-based software solutions for the life sciences industry in North America, Europe, and the Asia Pacific. The company's solutions enable pharmaceutical and other life sciences companies to realize the benefits of cloud-based architectures and mobile applications for their critical business functions. Its industry cloud solutions include Veeva CRM for customer relationship management that enables physician-facing employees, such as pharmaceutical sales representatives, key account managers, and scientific liaisons to manage, track, and optimize interactions with healthcare providers in various communication channels utilizing a single integrated solution; and Veeva Vault, a cloud-based content management and collaboration solution for its customers to manage content-centric processes in various departments within a life sciences company, including clinical trials, quality management, manufacturing, sales, and marketing. The company's industry cloud solutions comprise Veeva Network, a cloud-based customer master solution to help life sciences companies in creating and maintaining a record of the healthcare professionals and healthcare organizations with which they interact. In addition, it offers professional and support services. The company was formerly known as Verticals onDemand, Inc. and changed its name to Veeva Systems Inc. in April 2009. Veeva Systems Inc. was founded in 2007 and is headquartered in Pleasanton, California.


Classification

Sector: Technology
Industry: Health Information Services
Keywords: Computing Cloud Computing Cloud Infrastructure CRM Telehealth Customer Relationship Management Telemedicine Healthcare Providers Content Management IT Infrastructure Healthcare Organizations Cloud Solutions Quality Management Collaboration Solution

Is VEEV a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 240.68
52 Week Low 165.12
Average Volume 893,608
200-Day Moving Average 206.13
50-Day Moving Average 214.68
20-Day Moving Average 218.55
10-Day Moving Average 224.22
Average True Range 6.15
RSI (14) 42.20
ADX 24.62
+DI 22.57
-DI 30.17
Chandelier Exit (Long, 3 ATRs) 222.23
Chandelier Exit (Short, 3 ATRs) 225.99
Upper Bollinger Bands 237.72
Lower Bollinger Band 199.39
Percent B (%b) 0.29
BandWidth 17.54
MACD Line 0.94
MACD Signal Line 2.84
MACD Histogram -1.9022
Fundamentals Value
Market Cap 33.91 Billion
Num Shares 161 Million
EPS 3.49
Price-to-Earnings (P/E) Ratio 60.35
Price-to-Sales 15.20
Price-to-Book 7.97
PEG Ratio 1.62
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 216.32
Resistance 3 (R3) 215.92 213.62 215.37
Resistance 2 (R2) 213.62 212.18 213.82 215.05
Resistance 1 (R1) 212.13 211.28 210.98 212.53 214.74
Pivot Point 209.83 209.83 209.26 210.03 209.83
Support 1 (S1) 208.34 208.39 207.19 208.74 206.52
Support 2 (S2) 206.04 207.49 206.24 206.21
Support 3 (S3) 204.55 206.04 205.89
Support 4 (S4) 204.95