Veeva Systems (VEEV) Just Overtook the 20-Day Moving Average
Veeva(VEEV) Zacks Investment Research·2024-02-05 15:39
Veeva Systems (VEEV) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, VEEV crossed above the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a well-liked trading tool because it provides a look back at a stock's price over a 20-day period. Additionally, short-term traders find this SMA very beneficial, as it smooths out short-term price trends and shows more trend reversal signals than ...