The Greedy Trader Weekly Analysis
Sign In Jun 5, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 5/29/2026 -
Sign In to see current Signals.

Vertex Pharmaceuticals (VRTX) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Oversold sector
Daily :Williams' Percentage Range is overboughtThe price has risen above the Parabolic SARPrice has crossed above the 50 Day Moving AverageThe price moved above the moving average in the center of the Bollinger Bands
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 13.02 points, or 3.00%, and closed at 447.54 on Friday, May 29, 2026. It was the best weekly gain since February 27, 2026. Weekly volume was -10% below average.

VRTX is a member of Health Care Sector. Health Care is the 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 342.91 and resistance is at 518.98. 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 Broadening Ascending Wedge chart pattern. The trend support level is at 417.07 and resistance is at 557.26. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern 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 uptrend had started on May 5, 2026 at 412.27 and reached 456.68 on May 14, 2026. VRTX gained -44.41 points, or -10.77%, in 9 days. The price is now at the 20.58% retracement level.

Daily Technical Indicators: [See VRTX daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. 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 Williams' Percentage Range help.

The daily MACD line is above its signal line since May 5, 2026. This is an indication that the short-term trend is up.

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.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 63.88
Williams' Percentage Range (W%R) 19.50
Overbought
Lane's Stochastic (%D-Slow) 53.28
Greed/Fear Indicator (GFI) 65.88
Moving Average Converg./Diverg. (MACD) -0.59
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 41.25
Williams' Percentage Range (W%R) 62.60
Lane's Stochastic (%D-Slow) 29.70
Greed/Fear Indicator (GFI) 37.59
Moving Average Converg./Diverg. (MACD) 1.01
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 518.98
Upper Bollinger Band 455.53
Price 447.54
Daily Stochastic Crossing 440.32
50 Day Moving Average 438.67
20 Day Moving Average 436.13
Weekly Stochastic Crossing 428.19
Parabolic System 426.56
Lower Bollinger Band 420.66
Monthly Trendline Support 417.07
Sector and Industry
Description Name Rank
Sector Health Care 1
Industry Biotechnology 54
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 412.27
Low Date 05/05/2026
High 456.68
High Date 05/14/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 507.92
High Date 03/10/2026
Low 412.27
Low Date 05/05/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 557.26
Support 417.07
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 518.98
Support 342.91
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.