VERTEX PHARMACEUTICALS INC (VRTX) Technical Analysis
NASDAQ:VRTX • US92532F1003
Current stock price
VRTX Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to VRTX. VRTX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 76% of all other stocks performed better in the past year than VRTX.
- VRTX is one of the lesser performing stocks in the Biotechnology industry. 61% of 517 stocks in the same industry do better.
- VRTX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- VRTX has an average volume of 1484540 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.
- VRTX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VRTX is lagging the market slightly.
VRTX Weekly and Daily overview Charts
VRTX Setup Rating and Analysis
VRTX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 434.74, a Stop Loss order could be placed below this zone.
More info and screens
VRTX Support and Resistance Analysis
416.82
2 important support areas can be observed.
- A support zone ranging from 433.06 to 434.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @421.03 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @438.92 from a horizontal line in the daily time frame.
- A resistance zone ranging from 491.47 to 504.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
VRTX Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for VRTX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VRTX is down. |
| ChartMill Relative Strength | 24.76 | NEGATIVE | VRTX has a low relative strength, it was outperformed by 75.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VRTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VRTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of VRTX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.22 | NEUTRAL | The RSI value for VRTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.76 | NEGATIVE | The MACD value suggests VRTX has a negative trend. |
| Stochastics (14,3) | 24.2 | NEUTRAL | The Stochastics value for VRTX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for VRTX suggests some volalility. |
| Average Directional Index/ADX (14) | 13.36 | NEGATIVE | The low ADX value for VRTX suggests a weak or negative trend. |
VRTX Chart- and CandleStick Pattern Analysis
VRTX Technicals: Chart, Performance Metrics, Trend & Indicators
438.71
-8.55 (-1.91%)
VERTEX PHARMACEUTICALS INC / VRTX TA FAQ
Can you provide the ChartMill technical rating for VERTEX PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 0 / 10 to VRTX.
What is the trend direction for VRTX stock?
The current trend direction for VERTEX PHARMACEUTICALS INC (VRTX) is Bearish.
What is the RSI signal for VERTEX PHARMACEUTICALS INC (VRTX) stock?
VERTEX PHARMACEUTICALS INC (VRTX) has an RSI value of 40.2243. This indicates that the stock is currently neutral.
What is the MACD signal for VERTEX PHARMACEUTICALS INC (VRTX) stock?
The MACD indicator for VERTEX PHARMACEUTICALS INC (VRTX) has a value of -1.76107, indicating a bearish trend.