Trading Signals: VEEV Stock Price Prediction and Forecast

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Wed. Nov. 25, 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 $268.3600 (1.05%) ($265.4300 - $271.5620) on Wed. Nov. 25, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.62% (three month average)
RSI   32
Latest Price   $268.3600(1.05%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   VEEV advances 0.2% a day on average for past five trading days.
Weekly Trend   VEEV declines -1.6% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support VEEV advance at 0% a week (0% probability)
SKYY(64%)    VUG(64%)    XLK(59%)    ARKK(58%)    IPO(57%)
Factors Impacting VEEV price   VEEV will decline at least -1.31% in a week (0% probabilities).
VIXM(-42%)    UUP(-29%)    VXX(-14%)    TBT(-12%)    EDOC(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.31% (StdDev 2.62%)
Hourly BBV -0.2 ()
Intraday Trend -0%

Inflection Point   Yes
Resistance Level   $273.13
5 Day Moving Average   $270.6(-0.83%)
10 Day Moving Average   $268.76(-0.15%)
20 Day Moving Average   $273.13(-1.75%)
To recent high   -13%
To recent low   3.1%
Market Cap   $40.522b

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 3.75% (three month std-dev: 2.62%) daily (68% of days).

Sample size 2 Average positive next day return: 3.09%(100%) Average negative next day return: 0%(0%) Sample size 2 Average positive next three day return: 3.18%(100%) Average negative next three day return: %(0%) Sample size 2 Average positive next weekly return: 2.43%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201225

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	Nov_25_2020	272.55	273.13	268.76	270.6	271.01	268.24	268.36(1.05%)	DP	OpenShort	-75	-0.2	-58	-70	-57	-59	0.67	54%	0.09	-54.7	2.62%	-0.2	-0.5	32	1.3
2	Nov_24_2020	272.31	274.03	269.14	269.96	271.53	271.01	265.58(-2.45%)	DT	OpenShort	-75	-0.4	-50	0	-44	-67	1.34	52%	0.07	-52.3	2.61%	-1.5	-0.7	41	1.1
3	Nov_23_2020	272.11	275.78	269.09	269.95	270.78	273.78	272.24(-0.73%)	N/A	N/A	0	0.2	37	90	60	-31	1.16	52%	0	-50.8	2.62%	-0.9	-0.3	53	1.1
4	Nov_20_2020	272.11	276.92	268.73	268.43	268.79	272.05	274.25(0.62%)	N/A	N/A	0	0.4	86	90	119	-15	0.55	52%	0.12	-53.7	2.62%	0.9	-0.2	55	1.2
5	Nov_19_2020	271.79	277.97	270.9	266.56	265.94	267.79	272.57(2.79%)	N/A	N/A	0	0.5	26	40	45	-32	0.95	52%	0.11	-60.1	2.62%	1.3	-0.4	53	1.3

6	Nov_18_2020	271.48	278.85	273.08	266.86	265.69	265.54	265.18(-0.12%)	DT	OpenShort	-75	-0.1	-13	-20	-3	-42	1.51	51%	0.11	-64.2	2.6%	2.2	-1	42	1.3
7	Nov_17_2020	271.17	280.33	275	268.34	268.04	264.09	265.51(0.34%)	DP	OpenShort	-75	-0.2	-51	-110	-49	-56	0.55	51%	0.13	-61.9	2.62%	0.2	-1.1	41	1.6
8	Nov_16_2020	270.81	282.21	275.71	268.06	269.41	265.85	264.62(-0.11%)	DT	OpenShort	-75	-0.2	-122	-80	-126	-111	1.07	51%	0.11	-64	2.62%	-0.8	-1.2	35	1.6
9	Nov_13_2020	270.51	284.09	276.27	268.95	269.98	271.98	264.92(-3.34%)	DT	OpenShort	-75	-0.3	-86	60	-78	-109	1.1	51%	0.1	-64	2.63%	-1.7	-1.3	38	1.5
10	Nov_12_2020	270.23	286.16	276.99	275.88	273.48	272.97	274.07(0.55%)	DT	HoldShort	-50	-0.1	-2	-40	18	-62	0.59	53%	0.15	-48.4	2.6%	0.7	-0.9	41	1.1

11	Nov_11_2020	269.83	287.83	278.01	280.5	279.11	267.98	272.56(3.18%)	DP	OpenShort	-75	-0.6	-175	-290	-190	-130	0.63	53%	0.13	-35.2	2.61%	0	-1.1	44	1.8
12	Nov_10_2020	269.49	289.26	279.46	282.87	285.09	273.99	264.15(-1.82%)	DT	OpenShort	-75	-1.3	-329	-250	-372	-199	1.57	51%	0.1	-26.7	2.59%	-1	-1.8	38	1.7
13	Nov_9_2020	269.23	291.53	283.24	284.23	289.82	290.25	269.04(-10.2%)	DT	OpenShort	-75	-1.1	-73	70	-72	-74	1.5	51%	0.16	-18.5	2.59%	-2.2	-1.7	36	1.4
14	Nov_6_2020	268.8	293.5	286.06	284.03	286.15	296.19	299.59(0.81%)	UT	OpenLong	75	1.3	204	270	257	45	0.68	56%	0.27	-10.4	2.3%	1.3	0.5	47	1.7
15	Nov_5_2020	268.08	293.19	285.52	278.12	279.24	289.38	297.17(4.49%)	UT	OpenLong	75	1.6	285	270	363	51	0.89	56%	0.26	-17.2	2.3%	1.4	0.3	44	1

16	Nov_4_2020	267.39	292.86	284.69	275.62	274.16	276.11	284.4(4.97%)	RB	SmallLong	20	0.7	87	30	139	-69	0.86	53%	0.23	-18.1	2.24%	1.3	-0.7	35	0.8
17	Nov_3_2020	266.78	293.1	285.65	276.2	275.31	269.11	270.94(1.08%)	DP	OpenShort	-75	-0.4	-180	-170	-172	-202	0.8	49%	0.18	-14.6	2.16%	0.4	-1.8	32	-0.6
18	Nov_2_2020	266.29	294.02	288.93	282.48	281.05	272.22	268.04(-0.74%)	DT	OpenShort	-75	-1.3	-321	-240	-346	-246	0.98	49%	0.2	1.5	2.16%	-1	-2.3	27	-1.4
19	Oct_30_2020	265.77	294.77	292.48	288.24	289.14	281.52	270.05(-5.14%)	DT	OpenShort	-75	-1.7	-263	-180	-285	-198	1.38	49%	0.21	15.3	2.16%	-1.8	-2.3	29	-1.7
20	Oct_29_2020	265.2	295.29	296.25	293.6	294.5	289.88	284.68(-0.9%)	DT	OpenShort	-75	-0.9	-182	-100	-199	-130	0.54	56%	0.22	32.4	2.06%	-1.1	-1	47	-1.4

21	Oct_28_2020	264.61	295.07	298.63	294.82	296.45	296.76	287.27(-4.99%)	DT	OpenShort	-75	-0.7	-61	20	-63	-54	0.83	56%	0.28	38.9	2.09%	-1.4	-0.8	51	-2.6
22	Oct_27_2020	263.87	294.88	300.09	296.33	296.6	299.12	302.35(1.85%)	UT	OpenLong	75	0.6	64	60	78	20	0.71	61%	0.32	47.1	1.99%	1.3	0.7	63	-0.5
23	Oct_26_2020	263.02	293.83	300.61	296.59	296.34	296.14	296.87(0.01%)	UT	OpenLong	75	0	19	-10	19	18	0.52	61%	0.36	51.1	1.99%	0.4	0.3	61	-0.4
24	Oct_23_2020	262.07	293.13	301.62	297.65	298.26	294.09	296.85(2.1%)	N/A	N/A	0	-0.1	-80	-90	-107	1	0.72	61%	0.35	55.5	1.99%	0.3	0.3	66	1.1
25	Oct_22_2020	261.16	292.06	301.49	299.54	300.84	296.55	290.75(-1.38%)	DT	OpenShort	-75	-0.7	-169	-90	-220	-15	0.63	60%		59.8	1.99%	-1.3	-0.1	65	1.2
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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