Veeva Systems (VEEV, $165.79) analyzing technical analysis and patterns and earings
Veeva Systems is a cloud-computing company that provides software solutions for the life sciences industry. It has been one of the top-performing tech stocks over the past year, with its shares rising by more than 60%.
One of the technical indicators that traders use to gauge the momentum of a stock is the Relative Strength Index (RSI). The 10-day RSI Oscillator for VEEV moved out of overbought territory on February 03, 2023. An overbought condition occurs when the RSI is above 70, which suggests that the stock has risen too far, too fast and is due for a pullback. A move out of overbought territory can be a sign that the stock is shifting from an upward trend to a downward trend.
According to Tickeron's A.I.dvisor, which uses artificial intelligence to analyze stocks, there have been 43 instances where the RSI for VEEV moved out of the overbought zone. In 31 of those instances, the stock moved lower in the days that followed, which puts the odds of a move down at 72%. This suggests that traders may want to consider selling the stock or buying put options to profit from a potential decline in the stock's price.
In addition to technical indicators, it is also important to consider the company's earnings reports. Veeva Systems reported its Q3 2022 earnings on November 30, 2022. The company reported revenue of $502.9 million, up 35% year-over-year, and non-GAAP earnings per share of $0.89, up 27% year-over-year. The company also raised its full-year revenue guidance.
However, the stock price did not react positively to the earnings report. In fact, the stock price fell by more than 5% in the days following the report.
It's crucial to take both technical analysis and fundamental analysis into account when evaluating equities. Technical analysis can shed light on a stock's momentum, whereas fundamental analysis can shed light on the company's true worth. While the most recent earnings report indicates that Veeva Systems is doing well, technical analysis implies that the stock may be due for a pullback.
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
VEEV sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for VEEV moved above the 200-day moving average on August 25, 2026. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on July 28, 2026. You may want to consider a long position or call options on VEEV as a result. In of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where VEEV advanced for three days, in of 273 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 192 cases where VEEV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for VEEV moved out of overbought territory on August 21, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 34 similar instances where the indicator moved out of overbought territory. In of the 34 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 54 cases where VEEV's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for VEEV turned negative on August 25, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where VEEV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
VEEV broke above its upper Bollinger Band on August 13, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. VEEV’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.165) is normal, around the industry mean (7.567). P/E Ratio (46.251) is within average values for comparable stocks, (46.592). Projected Growth (PEG Ratio) (1.265) is also within normal values, averaging (1.746). Dividend Yield (0.000) settles around the average of (0.045) among similar stocks. P/S Ratio (13.569) is also within normal values, averaging (6.161).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. VEEV’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 98, placing this stock worse than average.
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General Information
a provider of industry-specific, cloud-based software solutions for the life sciences industry
Industry ServicestotheHealthIndustry
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