Trading Signals: VEEV Stock Price Prediction and Forecast

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Tue. Jul. 7, 2020

Trading Signals: VEEV Stock Price Prediction and Forecast (Wed. Oct. 16, 2013 - Wed. Sep. 27, 2023)

(Veeva Systems Inc NYSE: VEEV)
VEEV latest price $244.9500 (-0.24%) ($244.7100 - $250.0400) on Tue. Jul. 7, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.8% (three month average)
RSI   72
Latest Price   $244.9500(-0.24%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   VEEV advances 1.2% a day on average for past five trading days.
Weekly Trend   VEEV advances 2.7% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support VEEV advance at 0% a week (0% probability)
SKYY(65%)    VUG(65%)    XLK(60%)    ARKK(59%)    IPO(59%)
Factors Impacting VEEV price   VEEV will decline at least -1.4% in a week (0% probabilities).
VIXM(-38%)    UUP(-29%)    VXX(-14%)    TBT(-13%)    IYT(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.4% (StdDev 2.8%)
Hourly BBV 0 ()
Intraday Trend -1.4%

5 Day Moving Average   $241.84(1.29%)
10 Day Moving Average   $238.65(2.64%)
20 Day Moving Average   $231.73(5.7%)
To recent high   -0.2%
To recent low   58.8%
Market Cap   $36.987b

Veeva Systems, Inc. provides industry-specific, cloud-based software solutions for the life sciences industry. Its solutions enable pharmaceutical and other life sciences companies to realize the benefits of modern cloud-based architectures and mobile applications for their most critical business functions, without compromising industry-specific functionality or regulatory compliance. The firm's customer relationship management solutions enable its customers to increase the productivity and compliance of their sales and marketing functions. Its regulated content management and collaboration solutions enable its customers to more efficiently manage a regulated, content-centric processes across the enterprise. The company's customer master solution enables customers to more effectively manage complex healthcare provider and healthcare organization data. Veeva Systems was founded by Mark Armenante, Peter P. Gassner, Doug Ostler, Mitch Wallace and Matthew J. Wallach on January 12, 2007 and is headquartered in Pleasanton, CA.

$. VEEV price fluctuates within 4.14% (three month std-dev: 2.8%) daily (68% of days).

Sample size 50 Average positive next day return: 2.57%(38%) Average negative next day return: -1.67%(62%) Sample size 50 Average positive next three day return: 2.65%(58%) Average negative next three day return: -3.3%(42%) Sample size 50 Average positive next weekly return: 3.87%(50%) Average negative next weekly return: -3.5%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200807

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jul_7_2020	183.41	231.73	238.65	241.84	243.22	246.32	244.95(-0.24%)	UD	OpenLong	75	0.3	91	110	90	94	0.72	82%	0.34	79.2	2.8%	0	1.4	72	0.7
2	Jul_6_2020	182.78	230.39	237.97	238.88	239.67	243.9	245.55(1.45%)	UT	OpenLong	75	0.7	107	130	109	101	1.06	84%	0.65	71.7	2.81%	0	1.6	73	1.1
3	Jul_2_2020	181.6	228.3	236.1	236.76	236.36	240.12	242.04(-0.07%)	UD	OpenLong	75	0.5	98	110	99	95	0.99	84%	0.49	49.1	2.88%	0	1.2	75	0.8
4	Jul_1_2020	180.71	226.54	234.7	235.72	234.91	235.44	242.22(3.33%)	UT	HoldLong	65	0.6	68	10	61	88	0.93	84%	0.5	49	2.88%	0	1.4	77	0.6
5	Jun_30_2020	179.81	225.15	233.34	234.13	234.2	232.6	234.42(1.84%)	N/A	N/A	0	0	-23	-50	-44	42	1.06	85%	0.46	58.7	2.87%	0	0.9	57	0.3

6	Jun_29_2020	178.98	224.38	232.36	235.07	235.21	234.37	230.19(-2.02%)	N/A	N/A	0	-0.5	-23	-20	-48	52	1.07	85%	0.45	74.8	3.03%	0	0.6	64	-0.2
7	Jun_26_2020	178.18	223.81	231.69	236.82	237.16	235.79	234.93(-0.8%)	UD	OpenLong	75	-0.2	23	-40	2	87	1.47	87%	0.48	89.2	3.01%	0	1.1	62	-0.9
8	Jun_25_2020	177.32	222.96	229.97	235.16	236.98	236.05	236.82(1.07%)	UT	HoldLong	50	0.2	5	-0	-20	78	1.24	79%	0.49	91.8	3.2%	0	1.3	72	-0.3
9	Jun_24_2020	176.45	221.34	227.72	233.4	235.47	238.53	234.31(-2%)	UD	OpenLong	75	0.1	46	120	30	94	1.13	81%	0.47	79.5	3.36%	0	1.1	68	-0.7
10	Jun_23_2020	175.63	219.3	226.87	232.33	233.41	237.91	239.1(0.08%)	UT	OpenLong	75	0.6	117	150	113	129	1.26	81%	0.53	72.4	3.52%	0	1.6	63	-0

11	Jun_22_2020	174.71	217.11	224.29	229.28	230.26	232.4	238.92(5.4%)	UT	OpenLong	75	0.8	88	80	83	101	1.56	81%	0.54	68.9	3.53%	0	1.9	59	-0.2
12	Jun_19_2020	173.77	215.25	222.11	225.96	227.28	228.92	226.67(-0.58%)	UD	OpenLong	75	0.1	45	70	38	67	2.18	74%	0.45	67.3	3.72%	0	1.1	55	-0.8
13	Jun_18_2020	172.99	213.81	219.85	223.97	224.44	228.12	228(-0.43%)	UD	OpenLong	75	0.4	63	120	64	59	1.06	75%	0.49	61.4	3.75%	0	1.3	55	-0.7
14	Jun_17_2020	172.15	212.49	217.7	221.1	221.51	225.63	228.98(2.31%)	UT	OpenLong	75	0.7	75	140	81	56	1.3	77%	0.5	59	3.8%	0	1.6	64	-0.9
15	Jun_16_2020	171.29	210.83	216.2	220.61	219.47	220.77	223.81(0.65%)	UT	OpenLong	75	0.3	53	30	52	57	1.23	70%	0.49	58.9	3.95%	0	1.3	68	-1

16	Jun_15_2020	170.46	209.49	215.65	218.56	218.86	217.38	222.36(2.62%)	UT	HoldLong	50	0.4	6	-40	-5	39	1.25	70%	0.47	54	4.3%	0	1.3	65	-1.3
17	Jun_12_2020	169.67	208.36	215.2	217.76	218.56	218.18	216.68(1.42%)	UD	OpenLong	65	-0.1	6	-0	-7	46	1.26	67%	0.43	58	4.31%	0	0.8	58	-1.4
18	Jun_11_2020	168.94	207.34	215.36	214.98	216.89	220.34	213.65(-5.69%)	UD	OpenLong	75	-0.1	52	140	46	70	1.3	67%	0.41	52.1	4.44%	0	0.6	60	-2.6
19	Jun_10_2020	168.25	206.44	214.55	213.49	212.87	218.95	226.55(6.09%)	UT	OpenLong	75	1.3	85	190	86	83	2.02	71%	0.49	48.5	4.38%	0	2	62	0.9
20	Jun_9_2020	167.43	204.9	211.17	211.23	212.87	213.45	213.55(-2.2%)	UD	OpenLong	75	0.3	73	90	74	70	1.11	67%	0.29	49.4	4.36%	0	0.9	61	1

21	Jun_8_2020	166.95	204.09	209.45	212.44	210.24	206.79	218.36(7.67%)	N/A	N/A	0	0.7	-3	-150	-16	38	1.55	67%	0.43	59.2	4.4%	0	1.6	63	1.6
22	Jun_5_2020	166.23	202.77	207.86	212.56	212.12	207.03	202.8(-1.65%)	CR	SmallShort	-20	-1.1	-80	-170	-108	5	1.42	65%	0.34	65	4.32%	0	0	53	2
23	Jun_4_2020	165.66	202.24	207.48	215.78	215.53	213.69	206.2(-4.2%)	N/A	N/A	0	-1.1	-24	-60	-47	45	1.5	65%	0.39	74.1	4.31%	0	0.4	58	1.6
24	Jun_3_2020	165.02	201.6	207.14	215.38	216.51	217.22	215.24(-1.99%)	UD	OpenLong	75	-0	51	40	39	85	1.05	65%	0.42	74.8	4.27%	0	1.5	65	1.7
25	Jun_2_2020	164.33	200.45	205.22	210.73	212.21	217.37	219.61(0.3%)	UT	OpenLong	75	1	78	190	77	82	1.53	65%		68.9	4.27%	0	2.2	66	1.3
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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