The Greedy Trader Weekly Analysis
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- 4/2/2026 -
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Vertex Pharmaceuticals (VRTX) Technical Analysis

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Summary:
Weekly :Broken trend support line
Daily :Stochastic signal line moved above oversold area
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It was a first positive week for the Vertex Pharmaceuticals (VRTX). During the week, the VRTX gained 5.64 points, or 1.30%, and closed at 438.71 on Thursday, April 2, 2026. VRTX was trading at average weekly trading volume.

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 346.71 and resistance is at 519.07. 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 (466.69) 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. The distance between MACD and the signal line is low, but getting bigger. 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 April 1, 2026 at 453.98 and reached 436.56 on April 2, 2026. VRTX lost 17.42 points, or 3.84%, in 1 days. The price is now at the 12.34% retracement level.

Daily Technical Indicators: [See VRTX daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The daily MACD line is below its signal line since March 11, 2026. This is an indication that the short-term trend is down.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 31.90
Williams' Percentage Range (W%R) 78.50
Lane's Stochastic (%D-Slow) 32.57
Greed/Fear Indicator (GFI) 28.66
Moving Average Converg./Diverg. (MACD) -6.22
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.61
Williams' Percentage Range (W%R) 59.60
Lane's Stochastic (%D-Slow) 41.90
Greed/Fear Indicator (GFI) 43.05
Moving Average Converg./Diverg. (MACD) 9.23
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 519.07
Monthly Trendline Resistance 518.65
Upper Bollinger Band 487.71
50 Day Moving Average 467.89
Monthly Trendline Support 466.69
Parabolic System 464.33
Weekly Stochastic Crossing 458.41
20 Day Moving Average 458.31
Daily Stochastic Crossing 442.17
Price 438.71
Lower Bollinger Band 423.32
Sector and Industry
Description Name Rank
Sector Health Care 5
Industry Biotechnology 74
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 453.98
High Date 04/01/2026
Low 436.56
Low Date 04/02/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 507.92
High Date 03/10/2026
Low 431.01
Low Date 03/27/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 518.65
Support 466.69
Low 362.50
Low Date 08/11/2025
High 507.92
High Date 03/10/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Broadening Right-Angled, Descending Wedge
Status Valid
Resistance 519.07
Support 346.71
High 519.90
High Date 11/08/2024
Low 362.50
Low Date 08/11/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 7.83
Low Date 11/11/2003
High 519.90
High Date 11/08/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.