Technical Analysis for VEEV - Veeva Systems Inc.

Grade Last Price % Change Price Change
D 174.25 -10.27% -19.94
VEEV closed down 10.27 percent on Friday, May 31, 2024, on 5.21 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Expansion Breakdown Bearish Swing Setup 0.00%
Volume Surge Other 0.00%
Calm After Storm Range Contraction 0.00%
Wide Range Bar Range Expansion 0.00%
Doji - Bullish? Reversal 0.00%
Earnings Movers Other 0.00%
Multiple of Ten Bearish Other 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%

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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 236.9
52 Week Low 162.72
Average Volume 919,624
200-Day Moving Average 202.83
50-Day Moving Average 208.18
20-Day Moving Average 203.29
10-Day Moving Average 201.57
Average True Range 5.66
RSI (14) 16.67
ADX 28.63
+DI 8.72
-DI 53.22
Chandelier Exit (Long, 3 ATRs) 196.02
Chandelier Exit (Short, 3 ATRs) 187.23
Upper Bollinger Bands 218.68
Lower Bollinger Band 187.90
Percent B (%b) -0.44
BandWidth 15.14
MACD Line -3.90
MACD Signal Line -1.56
MACD Histogram -2.3351
Fundamentals Value
Market Cap 28.06 Billion
Num Shares 161 Million
EPS 3.49
Price-to-Earnings (P/E) Ratio 49.93
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) 198.93
Resistance 3 (R3) 200.33 193.52 194.81
Resistance 2 (R2) 193.52 187.23 192.81 193.44
Resistance 1 (R1) 183.88 183.35 180.48 182.48 192.07
Pivot Point 177.07 177.07 175.36 176.36 177.07
Support 1 (S1) 167.43 170.78 164.03 166.03 156.43
Support 2 (S2) 160.62 166.90 159.91 155.06
Support 3 (S3) 150.98 160.62 153.69
Support 4 (S4) 149.58