VERTEX PHARMACEUTICALS INC (VRTX)

US92532F1003 - Common Stock

452.23  +1.86 (+0.41%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to VRTX. VRTX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month VRTX has a been trading in the 445.00 - 519.88 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
VRTX has an average volume of 1156160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, VRTX turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
VRTX is part of the Biotechnology industry. There are 565 other stocks in this industry, VRTX did better than 69% of them.
VRTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VRTX is lagging the market.
Weekly and Daily overview Charts
VRTX Weekly chart
VRTX Daily chart
Setup Rating and Analysis

3

The technical rating of VRTX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

382.29

521.92

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 441.13 to 450.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @430.80 from a trend line in the weekly time frame.
  • Support @386.15 from a trend line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 467.28 to 485.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @505.78 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 516.75 to 516.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.7
Mansfield-0.99
10 Day High519.88
10 Day Low445
20 Day High519.88
20 Day Low445
52 Week High519.88
52 Week Low346.29
Performance
1 Week-6.94%
2 Weeks-10.37%
1 Month-4.56%
3 Month-6.41%
6 Month-1.44%
12 Month27.57%
2 Year42.34%
3 Year140.92%
5 Year103.1%
10 Year282.06%
15 Year1060.15%
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)-5.46
RSI(14)37.76
LBB438.64
UBB523.94
VRTX Daily chart

VERTEX PHARMACEUTICALS INC

NASDAQ:VRTX (11/22/2024, 11:57:44 AM)

452.23

+1.86 (+0.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.41%
1 Week-6.94%
2 Weeks-10.37%
1 Month-4.56%
3 Month-6.41%
6 Month-1.44%
12 Month27.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)16.09
ATR(20)%3.05%
ATR Inc
Range Today7.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High519.88
10 Day Low445
20 Day High519.88
20 Day Low445
52 Week High519.88
52 Week Low346.29
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume390.52K
Volume Incr53.58%
Vol(5)1.81M
Vol(50)1.16M