VERTEX PHARMACEUTICALS INC (VRTX) Stock Technical Analysis
NASDAQ:VRTX - Nasdaq - US92532F1003 - Common Stock - Currency: USD
Overall VRTX gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
VRTX is part of the Biotechnology industry. There are 568 other stocks in this industry. VRTX outperforms 89% of them.
VRTX is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so VRTX slightly outperforms the market at the moment.
VRTX has an average volume of 1499710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, VRTX did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month VRTX has a been trading in the 448.14 - 513.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VRTX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 489.57. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 486.22, a Stop Loss order could be placed below this zone.
More info and screens
390.34
521.92
We found 3 important support areas.
- A support zone ranging from 468.00 to 486.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @411.22 from a trend line in the weekly time frame.
- Support @394.28 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 489.57 to 492.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 516.74 to 516.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.73
Mansfield1.24
10 Day High502.22
10 Day Low448.14
20 Day High513.98
20 Day Low448.14
52 Week High519.88
52 Week Low377.85
Performance
1 Week2.86%
2 Weeks1.05%
1 Month-4.13%
3 Month15.9%
6 Month1.26%
12 Month24.05%
2 Year43.54%
3 Year79.01%
5 Year94.71%
10 Year296.74%
15 Year1161.54%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)50.82
LBB468.32
UBB499.1
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 492.14 | 467.99 | 24.15 (4.91%) | 20.38% |
| An entry @492.14. This is a Buy Stop order right above the resistance zone. | An exit @467.99. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 24.15 points, which is 4.91%. | For a 1.00% total portfolio risk, you can invest 20.38% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of VRTX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
489.1
+3.21 (+0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.66%
1 Week2.86%
2 Weeks1.05%
1 Month-4.13%
3 Month15.9%
6 Month1.26%
12 Month24.05%
2 Year43.54%
3 Year79.01%
5 Year94.71%
10 Year296.74%
15 Year1161.54%
Volatility
ATR(14)18.55
ATR(20)%3.3%
ATR Inc-28.84%
Range Today7.15
ADR(20)15.74
ADR(20)%3.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.73
Mansfield1.24
10 Day High502.22
10 Day Low448.14
20 Day High513.98
20 Day Low448.14
52 Week High519.88
52 Week Low377.85
CS1 End486.22
CR1 Start489.57
Volume & EV
DER(3)0.14%
DER(5)0.19%
Volume1.21M
Volume Incr-23.52%
Vol(5)1.31M
Vol(50)1.50M