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Veeva Systems (VEEV) Recently Broke Out Above the 50-Day Moving Average
VeevaVeeva(US:VEEV) ZACKS·2025-09-29 14:30

After reaching an important support level, Veeva Systems (VEEV) could be a good stock pick from a technical perspective. VEEV surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend.The 50-day simple moving average, which is one of three major moving averages, is widely used by traders and analysts to establish support and resistance levels for a range of securities. Because it's the first sign of an up or down trend, the 50-day is considered to be more important.Shares of V ...