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Archive - 4/17/2026 - Sign In to see current Signals. |
Vertex Pharmaceuticals (VRTX) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week for the Vertex Pharmaceuticals (VRTX). During the week, the VRTX gained 4.93 points, or 1.13%, and closed at 441.20 on Friday, April 17, 2026. Weekly volume was -18% below average. VRTX is a member of Health Care Sector. Health Care is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See VRTX long-term trend chart] A long-term downtrend had started on November 8, 2024 at 519.90 and reached 362.50 on August 11, 2025. VRTX lost 157.40 points, or 30.28%, in 39 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 345.74 and resistance is at 519.05. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a long-term trend.
Medium-term trend: [See VRTX medium-term trend chart] A medium-term uptrend had started on August 11, 2025 at 362.50 and reached 507.92 on March 10, 2026. VRTX gained -145.42 points, or -40.12%, in 30 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (473.48) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See VRTX weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since March 20, 2026. Use the following link to access a MACD help.
Short-term trend: [See VRTX short-term trend chart] A short-term downtrend had started on March 10, 2026 at 507.92 and reached 425.26 on April 7, 2026. VRTX lost 82.66 points, or 16.27%, in 28 days. The chart has formed a Descending Triangle chart pattern. The trend support level is at 431.37 and resistance is at 444.15. A Descending Triangle is a variation of triangle formation that has a flat support line and falling resistance line. The lower highs indicate the decreasing demand and give the descending triangle definitive bearish bias. A Descending Triangle usually represents a distribution stage in bearish market. A Descending Triangle is considered to be a continuation pattern, especially in a down trend, but it may also mark a reversal in an uptrend. Use the following link to access a Descending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Descending Triangle pattern in a short-term trend.
Daily Technical Indicators: [See VRTX daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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