Velo3D Gains 49.4% Post-Earnings to $31.75 Then Drops 27%
VELO•Velo3D shares bounced off a $10 support level, roughly its 100-day moving average, before surging 49.4% post-earnings to $31.75 on June 11. The stock then retraced 27% by month end as its 80-day trendline strengthened and 25% of float was sold short.
1. Support at $10 Floor
Velo3D shares established a firm support around $10, coinciding with their 100-day moving average. This floor held during early 2026, providing a base for the subsequent rally and indicating investor confidence at that level.
2. Earnings-Driven Price Moves
On May 13, Velo3D reported quarterly results that triggered a 49.4% jump in its share price, pushing it to a peak of $31.75 by June 11. The post-earnings surge reflected strong market reaction to the company’s 3D printing outlook.
3. Technical Signals and Short Interest
After peaking, the stock retraced 27% by late June as overbought conditions normalized. The 80-day trendline has begun climbing again, while 25% of the available float remains sold short, suggesting potential for a short-covering rally.
