Veeco Stock Technical Analysis

VECO
 Stock
  

USD 18.58  0.42  2.21%   

As of the 24th of September, Veeco Instrument has the coefficient of variation of (15,746), and Risk Adjusted Performance of (0.001465). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Veeco Instrument, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down nineteen technical drivers for Veeco Instrument, which can be compared to its competition. Please validate Veeco Instrument downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Veeco Instrument is priced more or less accurately, providing market reflects its prevalent price of 18.58 per share. Given that Veeco Instrument has jensen alpha of 0.0448, we advise you to double-check Veeco Instrument's current market performance to make sure the company can sustain itself at a future point.
  

Veeco Instrument Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Veeco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Veeco
Veeco Instrument's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Veeco Instrument Analyst Consensus

Target PriceAdvice# of Analysts
32.75Strong Buy4Odds
Veeco Instrument current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Veeco analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Veeco stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Veeco Instrument, talking to its executives and customers, or listening to Veeco conference calls.
Veeco Analyst Advice Details
Veeco Instrument technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Veeco Instrument technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Veeco Instrument trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Veeco Instrument Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Veeco Instrument volatility developed by Welles Wilder.
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Veeco Instrument Trend Analysis

Use this graph to draw trend lines for Veeco Instrument. You can use it to identify possible trend reversals for Veeco Instrument as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Veeco Instrument price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Veeco Instrument Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Veeco Instrument applied against its price change over selected period. The best fit line has a slop of   0.022963  , which means Veeco Instrument will continue generating value for investors. It has 122 observation points and a regression sum of squares at 19.94, which is the sum of squared deviations for the predicted Veeco Instrument price change compared to its average price change.

About Veeco Instrument Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Veeco Instrument on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Veeco Instrument based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Veeco Instrument price pattern first instead of the macroeconomic environment surrounding Veeco Instrument. By analyzing Veeco Instrument's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Veeco Instrument's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Veeco Instrument specific price patterns or momentum indicators. Please read more on our technical analysis page.

Veeco Instrument September 24, 2022 Technical Indicators

Most technical analysis of Veeco help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Veeco from various momentum indicators to cycle indicators. When you analyze Veeco charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Veeco Instrument September 24, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Veeco stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Also, please take a look at World Market Map. Note that the Veeco Instrument information on this page should be used as a complementary analysis to other Veeco Instrument's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Veeco Stock analysis

When running Veeco Instrument price analysis, check to measure Veeco Instrument's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Veeco Instrument is operating at the current time. Most of Veeco Instrument's value examination focuses on studying past and present price action to predict the probability of Veeco Instrument's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Veeco Instrument's price. Additionally, you may evaluate how the addition of Veeco Instrument to your portfolios can decrease your overall portfolio volatility.
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Is Veeco Instrument's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veeco Instrument. If investors know Veeco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veeco Instrument listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Veeco Instrument is measured differently than its book value, which is the value of Veeco that is recorded on the company's balance sheet. Investors also form their own opinion of Veeco Instrument's value that differs from its market value or its book value, called intrinsic value, which is Veeco Instrument's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veeco Instrument's market value can be influenced by many factors that don't directly affect Veeco Instrument's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veeco Instrument's value and its price as these two are different measures arrived at by different means. Investors typically determine Veeco Instrument value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veeco Instrument's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.