VERTEX PHARMACEUTICALS INC (VRTX) Stock Technical Analysis
NASDAQ:VRTX - Nasdaq - US92532F1003 - Common Stock - Currency: USD
Taking everything into account, VRTX scores 1 out of 10 in our technical rating. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
80% of all other stocks performed better in the past year than VRTX.
VRTX has an average volume of 1672670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VRTX is part of the Biotechnology industry. There are 555 other stocks in this industry, VRTX did better than 53% 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.
In the last month VRTX has a been trading in a tight range between 436.81 and 460.33.
Although the technical rating is bad, VRTX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 434.69, a Stop Loss order could be placed below this zone.
More info and screens
390.34
521.92
When analyzing the support we can see 4 important areas.
- A support zone ranging from 445.30 to 448.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 429.17 to 436.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @421.70 from a trend line in the weekly time frame.
- A support zone ranging from 394.28 to 397.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @469.76 from a horizontal line in the daily time frame.
- Resistance @504.77 from a horizontal line in the weekly 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.
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 | NEUTRAL | NEUTRAL | The short term trend for VRTX is neutral. |
| ChartMill Relative Strength | 20.15 | NEGATIVE | VRTX has a low relative strength, it was outperformed by 79.85% 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) | DOWN | NEGATIVE | The current price of VRTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VRTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.72 | NEUTRAL | The RSI value for VRTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.65 | POSITIVE | The MACD value suggests VRTX has a positive trend. |
| Stochastics (14,3) | 40.02 | NEUTRAL | The Stochastics value for VRTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for VRTX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.69 | NEGATIVE | The low ADX value for VRTX suggests a weak or negative 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)
452.16
+6.96 (+1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.56%
1 Week0.42%
2 Weeks0.28%
1 Month1.51%
3 Month-4.73%
6 Month11.07%
12 Month-4.72%
2 Year28.33%
3 Year61.25%
5 Year66.24%
10 Year234.93%
15 Year1243.32%
Volatility
ATR(14)9.15
ATR(20)%2.04%
ATR Inc13.44%
Range Today13.48
ADR(20)9.23
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.15
Mansfield-0.97
10 Day High456.97
10 Day Low436.81
20 Day High460.33
20 Day Low436.81
52 Week High519.88
52 Week Low377.85
CS1 End434.69
CR1 Start443.58
Volume & EV
DER(3)1.61%
DER(5)2.24%
Volume1.15M
Volume Incr24.7%
Vol(5)1.62M
Vol(50)1.67M