Velo3D Inc (NYSE:VELO) shares are trading lower on Friday as traders weigh whether the recent momentum run has more room to run. The stock is still drawing attention after news tied its additive manufacturing tech to motorsports and U.S. defense supply-chain work.
- Velo3D shares are consolidating. What’s ahead for VELO stock?
Velo3D Partners With Andretti Performance For 2026 IMSA Events
Velo3D announced a partnership with Andretti Performance for two 2026 IMSA Michelin Pilot Challenge events, acting as both sponsor and additive manufacturing technology provider, with branding on the No. 43 Porsche.
The collaboration also features a 3D-printed aluminum mounting bracket (using Constellium's Aheadd CP1 aluminum alloy) aimed at improving cockpit system performance.
Velo3D also framed the Andretti program as a way to broaden awareness beyond traditional industrial markets, leaning on the "lighter, stronger parts" pitch that tends to resonate with performance-driven buyers.
That messaging helped fuel earlier upside follow-through after the partnership announcement, with the stock at one point trading 37.5% above its 20-day SMA and 28.5% above its 50-day SMA as shares are up this week on the motorsports headline.
The company also recently disclosed a $9.8 million, five-year Indefinite Delivery, Indefinite Quantity contract supporting the Defense Logistics Agency's Joint Additive Manufacturing Acceptability Pilot Parts Program. That program is designed to strengthen supply-chain resilience and shorten lead times for critical components across multiple U.S. military branches.
Velo3D Stock: Key Levels, Momentum Indicators
Velo3D is holding in the upper half of its 52-week range after a sharp run that peaked with the 52-week high in January, and that positioning keeps the chart sensitive to any cooling in momentum. The stock is trading 48.1% above its 20-day simple moving average (SMA) and 32.6% above its 100-day SMA, which points to buyers still controlling the short- and intermediate-term trend.
The moving average setup is a bit mixed: the 20-day SMA is below the 50-day SMA (a near-term caution flag), while the golden cross in January (50-day SMA above the 200-day SMA) keeps the longer-term trend constructive. With the stock also 79.2% above its 200-day SMA, pullbacks tend to be viewed through the lens of "trend still up," unless those gaps start compressing quickly.
The moving average convergence divergence (MACD), a trend/momentum measure, is above its signal line and the histogram is positive, which leans bullish for momentum. In everyday terms, MACD staying above the signal line means upside pressure is still outweighing downside pressure right now.
- Key Resistance: $16.00 — an area where rallies have previously run into selling pressure
- Key Support: $12.50 — a zone where buyers have tended to show up on dips
Velo3D Stock Price Movement in Premarket Trading
VELO Stock Price Activity: Velo3D shares were down 3.04% at $16.26 at the time of publication on Friday, according to Benzinga Pro data.
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