Overall VRTX gets a technical rating of 4 out of 10. In the last year, VRTX was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- In the last month VRTX has a been trading in the 436.69 - 487.52 range, which is quite wide. It is currently trading near the lows of this range.
- VRTX has an average volume of 1378070 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 53% of all stocks.
- VRTX is an average performer in the Biotechnology industry, it outperforms 57% of 528 stocks in the same industry.
- 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.
VRTX has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
372.84
We found 2 important support areas.
- Support @441.35 from a horizontal line in the weekly time frame.
- Support @376.61 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 457.40 to 463.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 475.51 to 484.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 53.97 | NEUTRAL | VRTX is not amongst the best or worst performers 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) | UP | MIXED | The current price of VRTX is below the rising 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) | 43.18 | NEUTRAL | The RSI value for VRTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.5 | NEGATIVE | The MACD value suggests VRTX has a negative trend. |
| Stochastics (14,3) | 9.34 | OVERSOLD | The low Stochastics value suggests VRTX may be oversold. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for VRTX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.42 | NEGATIVE | The low ADX value for VRTX suggests a weak or negative trend. |
441.36
+2.44 (+0.56%)
VERTEX PHARMACEUTICALS INC / VRTX FAQ
Can you provide the ChartMill technical rating for VERTEX PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 4 / 10 to VRTX.
What is the trend direction for VRTX stock?
The current trend direction for VERTEX PHARMACEUTICALS INC (VRTX) is Bearish.
Can you provide the RSI signal for VERTEX PHARMACEUTICALS INC?
VERTEX PHARMACEUTICALS INC (VRTX) has an RSI value of 43.1775. This indicates that the stock is currently neutral.
Can you provide the short term momentum for VERTEX PHARMACEUTICALS INC?
The short term momentum for VERTEX PHARMACEUTICALS INC (VRTX) is negative.
Can you provide the support and resistance levels for VERTEX PHARMACEUTICALS INC?
VERTEX PHARMACEUTICALS INC (VRTX) has a support level at 441.35 and a resistance level at 457.4. Check the full technical report for our detailed analysis of VRTX support and resistance levels.