VERTEX PHARMACEUTICALS INC (VRTX) Stock Technical Analysis
USA - NASDAQ:VRTX - US92532F1003 - Common Stock
416.81 USD
+8.2 (+2.01%)
416.81 USD
0 (0%)
Taking everything into account, VRTX scores 3 out of 10 in our technical rating. In the past year, VRTX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, VRTX is a bad performer in the overall market: 81% of all stocks are doing better.
VRTX is part of the Biotechnology industry. There are 536 other stocks in this industry, of which 60% are performing better than VRTX.
VRTX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
VRTX has an average volume of 1640710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
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 a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 413.92, a Stop Loss order could be placed below this zone.
More info and screens
362.86
521.91
3 important support areas can be observed.
- A support zone ranging from 409.58 to 413.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 394.17 to 401.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 366.53 to 368.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @421.16 from a horizontal line in the daily time frame.
- A resistance zone ranging from 435.82 to 438.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 469.66 to 474.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @484.15 from a trend line in the weekly time frame.
- Resistance @516.74 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for VRTX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VRTX is up. |
| ChartMill Relative Strength | 19.11 | NEGATIVE | VRTX has a low relative strength, it was outperformed by 80.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VRTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VRTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of VRTX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.26 | NEUTRAL | The RSI value for VRTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.39 | POSITIVE | The MACD value suggests VRTX has a positive trend. |
| Stochastics (14,3) | 70.89 | NEUTRAL | The Stochastics value for VRTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for VRTX suggests some volalility. |
| Average Directional Index/ADX (14) | 26.08 | POSITIVE | The high ADX value value for VRTX suggests a strong trend. |
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)
416.81
+8.2 (+2.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.01%
1 Week2.21%
2 Weeks3.35%
1 Month8.79%
3 Month-9.35%
6 Month-14.78%
12 Month-13.7%
2 Year15.11%
3 Year33.59%
5 Year100.04%
10 Year234.14%
15 Year988.28%
Volatility
ATR(14)9.58
ATR(20)%2.23%
ATR Inc4.8%
Range Today12.61
ADR(20)9.19
ADR(20)%2.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.11
Mansfield-1.6
10 Day High422.73
10 Day Low400.74
20 Day High422.73
20 Day Low374.17
52 Week High519.88
52 Week Low362.5
CS1 End413.92
CR1 Start421.16
Volume & EV
DER(3)-0.58%
DER(5)-0.79%
Volume1.05M
Volume Incr-37.43%
Vol(5)1.11M
Vol(50)1.64M