Velo3D Inc (NASDAQ:VELO) shares are surging on Thursday as traders react to fresh partnership momentum in motorsports that spotlights real-world uses for its metal 3D-printing tech.
- Velo3D stock is surging to new heights today. What’s behind VELO gains?
Real-World 3D Printing Use Case Fuels Velo3D Stock Rally
Velo3D’s recent rally continues to gain steam, driven by the company’s new partnership with Andretti Performance. The collaboration spans two 2026 IMSA Michelin Pilot Challenge events, positioning Velo3D as both an official sponsor and an additive manufacturing technology provider.
Specifically, the partnership features Velo3D branding on the No. 43 Porsche and showcases a custom 3D-printed aluminum mounting bracket designed to improve cockpit system performance. Built using Constellium's Aheadd CP1 alloy, the bracket serves as a proof-of-concept for Velo3D’s manufacturing capabilities, keeping the stock squarely on momentum traders’ radars.
Velo3D Stock: Key Levels and Momentum Indicators
Velo3D is trading in the upper half of its 52-week range ($2.81 to $23.84), which keeps the longer-term trend pointed higher even after pullbacks. The stock is trading 52.7% above its 20-day simple moving average (SMA) and 34.2% above its 100-day SMA, a setup that leans toward buyers still controlling the intermediate trend even if it cools.
The moving average convergence divergence (MACD), a trend/momentum measure, is above its signal line and the histogram is positive, which points to upside momentum still being in place. In everyday terms, MACD staying above the signal line usually means rallies are carrying more force than dips.
The golden cross in January (50-day SMA crossing above the 200-day SMA) supports the idea that the bigger trend flipped upward earlier this year, even though the 20-day SMA remains below the 50-day SMA (a sign the most recent stretch has been choppier). Over the past 12 months, the stock is up 397.92%, which shows the market has been willing to reprice the story aggressively when sentiment turns favorable.
- Key Resistance: $16.00 — a spot where rallies have recently had trouble pushing through cleanly
- Key Support: $12.50 — an area where buyers have tended to show up on pullbacks
Velo3D Stock Price Movement On Thursday
VELO Stock Price Activity: Velo3D shares were up 8.09% at $16.17 at the time of publication on Thursday, according to Benzinga Pro data.
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