REPORTING FOR 2019-10-22 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how VEEV has been trading over the last 2 weeks and the past day especially. On its latest session, Veeva Systems Inc. ($VEEV) opened at 143.8, reaching a high of 147.15 and a low of 142.02 before closing at a price of 145.06. There was a total volume of 1583768.
VOLUME INDICATORS FOR VEEVA SYSTEMS INC. ($VEEV): We saw an accumulation-distribution index of 5611.36549, an on-balance volume of -142.9, chaikin money flow of 2.06269 and a force index of 22.3672. There was an ease of movement rating of -0.00996, a volume-price trend of -13.59077 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR VEEVA SYSTEMS INC. ($VEEV): We noted an average true range of 3.67102, bolinger bands of 143.84843, an upper bollinger band of 138.19157, lower bollinger band of 142.02, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 144.32333, high band keltner channel of 140.97333, low band keltner channel of 147.67333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 142.02, a donchian channel low band of 142.02, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR VEEVA SYSTEMS INC. ($VEEV): We calculated a Moving Average Convergence Divergence (MACD) of -0.04487, a MACD signal of -0.02493, a MACD difference of -0.01994, a fast Exponential Moving Average (EMA) indicator of 142.02, a slow Exponential Moving Average (EMA) indicator of 142.02, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.22022, a trix of -7.37196, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 14.70383, a KST Oscillator (KST) of -93.82002 and a KST Oscillator (KST Signal) of -93.82002 (leaving a KST difference of -3.19033). We also found an Ichimoku rating of 145.475, an Ichimoku B rating of 145.475, a Ichimoku visual trend A of 159.87687, an Ichimoku visual trend B of 157.0115, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR VEEVA SYSTEMS INC. ($VEEV): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 34.84627, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -53.58355, a stochastic oscillator of 153.13433, a stochastic oscillator signal of 153.13433, a Williams %R rating of 53.13433 and an awesome oscillator of 1.20467.
RETURNS FOR VEEVA SYSTEMS INC. ($VEEV): There was a daily return of -9.382, a daily log return of -1.41826 and a cumulative return of -1.40825.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-22 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Veeva Systems Inc. ($VEEV)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Veeva Systems Inc. ($VEEV) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.