VRTX Technical Signal Analysis
VRTX have 4 buy signals and 0 sell signal now. The current trend is consolidation starting from 2025-03-10. The total price change during this trend is -0.92%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of VRTX over last 5 trading day is $696,854,482.24
4 Bullish Signal
0 Bearish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
19
Bullish
Momentum (10 days)
MOM_10 > 0
16.32
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
10.2
Bullish
Moving Average
Price crosses above 5-day SMA
--
Bullish
Name
Signal
Value
Meaning
4 Bullish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
19
Bullish
Momentum (10 days)
MOM_10 > 0
16.32
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
10.2
Bullish
Moving Average
Price crosses above 5-day SMA
--
Bullish
VRTX Support and Resistance Level
The support levels for VRTX are at 476.64, 469.47, and 457.86, while the resistance levels are at 499.85, 507.02, and 518.62. With the current stock price at 500.66, it is leaning more toward the resistance levels.
VRTX Technical Analysis
Technical Analysis of Vertex Pharmaceuticals (VRTX)
Price Overview:
- Current Price: $487.13 (as of 2025-03-07)
- Close Price: $488.29
- Open: $485.71
- High: $492.34
- Low: $482.82
Technical Indicators:
- RSI (14): 63.96 (Neutral)
- MACD: 9.85 (Positive, but weakening momentum)
- Bollinger Bands: Approaching upper band, indicating potential overbought conditions
- Fibonacci Levels: Near pivot point of $484.04, with resistance at $492.34 and $497.65
Recent Price Action:
- The stock has been consolidating between $480 and $495.
- A breakout above $492.34 could target $497.65.
- A drop below $482.82 might signal a correction.
Catalysts:
- Recent FDA approval of Journavx (suzeitrigine) for acute pain management, which has already positively impacted the stock price.
Analyst Sentiment:
- Mixed opinions with some price target increases and others adjusting targets. Average price target: $488.84.
Recommendation:
- Hold: Wait for a pullback to a stronger support level (around $480) or a breakout above $492.34 with strong volume before entering a long position.
Exact Price and Action:
- Buy if the stock breaks out above $492.34 with increased volume.
- Sell if it drops below $482.82, indicating a potential correction.
Disclaimer: This analysis is for informational purposes only and should not be considered as investment advice. Always conduct your own research or consult a financial advisor before making investment decisions.
VRTX FAQs
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VRTX Buy or Sell
VRTX has 4 buy signals and 0 sell signals now. Overall the technical rating for VRTX is Strong buy.
Strong buy
Sell
0
Buy
4
VRTX Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a positive trend with the 500.66 above the SMA_5. In the short term, the stock shows a positive trend with the 491.56 above the SMA_20. In the mid term, the stock shows a positive trend with the 479.38 above the SMA_60. In the long term, the stock shows a negative trend with the 449.01 below the SMA_200.
Swing
Positive
Stock Price Above SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Negative
SMA_60 Below SMA_200
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What do technical indicators suggest about VRTX's current trend?What are VRTX's key support and resistance levels?