We assign a technical rating of 7 out of 10 to VRTX. In the last year, VRTX was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
VRTX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 452.59, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
405.37
2 important support areas can be observed.
- A support zone ranging from 432.24 to 452.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 409.46 to 409.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @459.21 from a trend line in the daily time frame.
- A resistance zone ranging from 476.95 to 477.50. 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 | UP | POSITIVE | The long term trend for VRTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VRTX is up. |
| ChartMill Relative Strength | 79.41 | POSITIVE | VRTX has a high relative strength, it outperformed 79.41% 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) | DOWN | MIXED | The current price of VRTX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.59 | NEUTRAL | The RSI value for VRTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests VRTX has a positive trend. |
| Stochastics (14,3) | 84.66 | OVERBOUGHT | The high Stochastics value suggests VRTX may be overbought. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for VRTX suggests some volalility. |
| Average Directional Index/ADX (14) | 17.76 | NEGATIVE | The low ADX value for VRTX suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 459.22 | 433.80 | 25.42 (5.54%) | 18.07% |
| An entry @459.22. This is a Buy Stop order right above the resistance zone. | An exit @433.80. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 25.42 points, which is 5.54%. | When investing 18.07% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
459.21
-1.1 (-0.24%)
VERTEX PHARMACEUTICALS INC / VRTX FAQ
What is the technical rating for VRTX stock?
ChartMill assigns a technical rating of 7 / 10 to VRTX.
Can you provide the trend direction for VERTEX PHARMACEUTICALS INC?
The current trend direction for VERTEX PHARMACEUTICALS INC (VRTX) is Bullish.
What is the RSI signal for VRTX stock?
VERTEX PHARMACEUTICALS INC (VRTX) has an RSI value of 61.5933. 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 0.42601, indicating a bearish trend.
Can you provide the buy/sell signal for VERTEX PHARMACEUTICALS INC?
The buy/sell signal for VERTEX PHARMACEUTICALS INC (VRTX) is buy as both the short term and long term trends are positive.