Trading Signals: VEEV Stock Price Prediction and Forecast

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Thu. Jul. 13, 2023

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

(Veeva Systems Inc NYSE: VEEV)
VEEV latest price $208.7500 (0.95%) ($207.4000 - $210.3300) on Thu. Jul. 13, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.02% (three month average)
RSI   60
Latest Price   $208.7500(0.95%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   VEEV advances 1.3% a day on average for past five trading days.
Weekly Trend   VEEV advances 1% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support VEEV advance at 0% a week (0% probability)
SKYY(58%)    ARKK(49%)    XLY(47%)    ARKG(46%)    XHB(46%)
Factors Impacting VEEV price   VEEV will decline at least -1.51% in a week (0% probabilities).
VIXM(-45%)    VXX(-44%)    TBT(-22%)    UUP(-14%)    UNG(-7%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.51% (StdDev 3.02%)
Hourly BBV 0.9 ()
Intraday Trend 0.2%

5 Day Moving Average   $202.91(2.88%)
10 Day Moving Average   $200.05(4.35%)
20 Day Moving Average   $199.73(4.52%)
To recent high   0%
To recent low   28.4%
Market Cap   $31.521b

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 1.89% (three month std-dev: 3.02%) daily (68% of days).

Sample size 50 Average positive next day return: 1.18%(44%) Average negative next day return: -1.33%(56%) Sample size 50 Average positive next three day return: 1.6%(60%) Average negative next three day return: -2.11%(40%) Sample size 50 Average positive next weekly return: 2.14%(68%) Average negative next weekly return: -2.14%(32%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230813

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_13_2023	181.18	199.73	200.05	202.91	203.93	208.07	208.75(0.95%)	UT	OpenLong	75	1.5	86	160	95	58	0.99	68%	0.22	83.6	3.02%	0.9	2.4	60	1
2	Jul_12_2023	180.79	198.81	198.7	200.23	200.51	204.9	206.79(1.1%)	UT	OpenLong	75	2	100	160	118	47	0.98	68%	0.22	70.7	3.03%	1	2.4	53	1.1
3	Jul_11_2023	180.4	197.86	198.06	198.63	197.62	199.79	204.54(2.35%)	UT	OpenLong	75	1.8	65	60	79	22	0.91	68%	0.14	45.3	3.03%	1.8	2	51	-0.3
4	Jul_10_2023	180.15	197.05	197.44	197.01	196.32	196.11	199.84(2.68%)	N/A	N/A	0	0.8	5	-20	12	-15	0.75	68%	0.17	17.7	3.02%	1.6	0.8	49	-0.5
5	Jul_7_2023	179.84	196.53	197.48	196.59	196.31	195.45	194.62(-0.38%)	DT	OpenShort	-75	-0.5	-28	-30	-26	-34	0.5	68%	0.13	37	3.01%	-0.7	-0.5	39	-0.3

6	Jul_6_2023	179.61	196.61	198.02	196.69	197.04	196.54	195.36(-1.72%)	DT	OpenShort	-75	-0.3	-12	-10	-9	-19	0.78	68%	0.12	66.1	3.03%	-1.1	-0.3	59	-0.6
7	Jul_5_2023	179.4	196.54	198.74	196.8	196.89	197.17	198.78(1.19%)	DP	OpenShort	-75	0.4	-4	10	-4	-5	0.77	68%	0.2	89.1	3.03%	1	0.4	64	0.9
8	Jul_3_2023	179.04	196.34	199.06	197.39	196.44	197.54	196.44(-0.65%)	UD	OpenLong	75	-0.2	8	20	5	15	0.43	68%	0.16	126.3	3%	0	0	66	1.2
9	Jun_30_2023	178.75	196.42	199.45	197.96	197.35	196.61	197.73(1.33%)	UT	OpenLong	75	-0	19	-40	14	33	0.98	70%	0.15	166.1	3%	0.8	0.3	67	1
10	Jun_29_2023	178.49	194.97	199.81	198.57	197.9	195.34	195.14(-0.4%)	N/A	N/A	0	-0.7	-44	-100	-64	18	0.91	70%	0.11	173.5	2.99%	-0.7	0	63	1

11	Jun_28_2023	178.3	193.56	199.53	199.53	199.34	198.1	195.93(-2.86%)	CR	SmallShort	-20	-0.4	-36	-50	-56	23	1.67	70%	0.1	105.5	3%	-2	0.3	51	1.2
12	Jun_27_2023	178.12	192.17	199.12	200.88	200.57	200.45	201.69(1.18%)	UT	HoldLong	50	0.1	7	-10	-7	49	0.61	70%	0.16	86.2	2.98%	1.5	0.9	61	1.1
13	Jun_26_2023	177.83	190.32	197.79	201.02	201.03	200.58	199.33(-0.71%)	UD	OpenLong	65	-0.2	9	-20	-3	46	0.69	70%	0.12	85.3	2.98%	-1.1	0.8	56	1
14	Jun_23_2023	177.61	188.57	196.75	201.16	201.08	200.68	200.76(0.41%)	N/A	N/A	0	-0	-3	-20	-15	33	1.45	70%	0.12	75	2.98%	-0.1	1	52	1.1
15	Jun_22_2023	177.4	186.78	195.58	201.27	201.21	201.48	199.94(-1.35%)	UD	OpenLong	75	-0.1	26	10	12	69	0.7	70%	0.15	67.9	2.98%	-0.6	1	78	1.4

16	Jun_21_2023	177.13	185.07	195.12	199.46	200.6	201.49	202.68(0.15%)	UT	HoldLong	65	0.2	62	50	47	105	1.1	71%	0.19	56.9	2.98%	1.5	1.2	81	1.3
17	Jun_20_2023	176.79	183.2	194.12	197.02	197.65	200.95	202.37(1.16%)	UT	HoldLong	65	0.4	75	130	58	125	1.01	71%	0.22	48.6	2.99%	1	1.3	78	1.2
18	Jun_16_2023	176.41	181.4	193.27	194.06	194.9	199.72	200.05(-0.63%)	UD	OpenLong	75	0.4	142	190	132	173	1.51	72%	0.18	41.2	2.97%	1.2	1.3	79	1.6
19	Jun_15_2023	176.1	179.67	192.96	191.68	191.61	194.36	201.32(5.48%)	UT	HoldLong	65	0.7	123	100	102	185	1.51	72%	0.23	33.6	2.99%	0	1.5	80	1.2
20	Jun_13_2023	175.7	177.91	189.56	189.2	189.4	190.09	190.86(0.2%)	UT	OpenLong	75	0.1	46	30	13	145	0.77	72%	0.13	28.2	2.91%	1.1	0.9	75	1.3

21	Jun_12_2023	175.47	177.12	187.08	190.22	189.79	188.86	190.48(1.53%)	UD	OpenLong	65	0	26	-40	-14	144	0.84	72%	0.16	31.1	2.93%	1.6	1	73	1.4
22	Jun_9_2023	175.19	176.24	184.75	190.81	191.15	188.71	187.61(-0.29%)	N/A	N/A	0	-0.2	-5	-80	-52	138	0.79	69%	0.17	32	2.95%	-0.8	0.9	72	1.7
23	Jun_8_2023	174.89	175.47	182.44	192.29	192.4	190.72	188.15(-0.39%)	N/A	N/A	0	-0.3	-23	-60	-77	139	0.68	69%	0.17	34.4	2.96%	-0.9	1	70	2
24	Jun_7_2023	174.6	174.91	180	194.32	194.52	193.58	188.88(-3.62%)	UD	OpenLong	75	-0.4	53	-30	7	189	1.27	69%	0.14	40.9	2.97%	-1.7	1.1	71	2.2
25	Jun_6_2023	174.35	174.14	177.54	189.69	194.63	194.09	195.98(1.31%)	UT	HoldLong	65	0.5	106	60	79	188	1.02	73%		30.6	2.93%	0.3	1.8	76	2.4
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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