Technical Analysis for VEE - VEEM Ltd  

Grade Last Price % Change Price Change
D 1.075 -12.24% -0.150
VEE closed down 12.24 percent on Thursday, November 21, 2024, on 2.03 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: Nov 21
*** please verify all earnings dates ***
1 Watcher
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
180 Bearish Setup Bearish Swing Setup 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Earnings Movers Other 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Calm After Storm Range Contraction -12.24%

   Recent Intraday Alerts

Alert Time
2x Volume Pace about 16 hours ago
Down 10% about 17 hours ago
1.5x Volume Pace about 18 hours ago
Down 1 ATR about 18 hours ago
Fell Below Previous Day's Low about 19 hours ago

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Profile

VEEM Ltd   Description

Veem Limited is a marine technology company. The Company is engaged in the manufacturing of propellers and industrial products and the provision of engineering services. The Company specializes in propulsion and stabilization systems. It also manufactures products and services for the marine, defense and mining industries. Its business units include VEEM Propellers, VEEM Gyro, Timcast, VEEM 24-7 and VEEM Defence. VEEM Propellers offers commercial and recreational fixed pitch propeller technology. VEEM Gyro is a ship roll stabilizing technology that uses gyrostabilizers with control technology. Timcast is a range of centrifugally cast bi-metal pipes. VEEM 24/7 provides a range of manufactured products and repair services to a range of customers within the Western Australian mining industry. VEEM Defence provides manufacturing and service work for the Australian Defense Force and key defense force contractors.


Classification

Sector: Industrials
Industry: Aerospace & Defense
Keywords: Mining Metal Manufacturing Engineering Marine Fence Air Services Industrial Products Repair Services Recreation Propulsion Australian Defense Force Manufactured Products

Is VEE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 2.0104
52 Week Low 0.8163
Average Volume 89,006
200-Day Moving Average 1.622
50-Day Moving Average 1.467
20-Day Moving Average 1.406
10-Day Moving Average 1.329
Average True Range 0.085
RSI (14) 25.93
ADX 31.47
+DI 9.764
-DI 44.455
Chandelier Exit (Long, 3 ATRs) 1.425
Chandelier Exit (Short, 3 ATRs) 1.330
Upper Bollinger Bands 1.671
Lower Bollinger Band 1.141
Percent B (%b) -0.13
BandWidth 37.667
MACD Line -0.089
MACD Signal Line -0.052
MACD Histogram -0.0368
Fundamentals Value
Market Cap 139.75 Million
Num Shares 130 Million
EPS 0.02
Price-to-Earnings (P/E) Ratio 56.58
Price-to-Sales 2.01
Price-to-Book 2.73
Dividend 0.01
Dividend Yield 0.93%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.240
Resistance 3 (R3) 1.258 1.222 1.213
Resistance 2 (R2) 1.222 1.180 1.213 1.203
Resistance 1 (R1) 1.148 1.154 1.130 1.130 1.194
Pivot Point 1.112 1.112 1.103 1.103 1.112
Support 1 (S1) 1.038 1.070 1.020 1.020 0.956
Support 2 (S2) 1.002 1.044 0.993 0.947
Support 3 (S3) 0.928 1.002 0.938
Support 4 (S4) 0.910