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- 10/16/2026 -
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Vertex Pharmaceuticals (VRTX) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend support line
Daily :The price has risen above the Parabolic SAR
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It was the negative week for the Vertex Pharmaceuticals (VRTX). During the week, the VRTX dropped -10.34 points, or -2.03%, and closed at 499.74 on Friday, October 16, 2026. Weekly volume was 16% above average.

VRTX is a member of Health Care Sector. Health Care is the most overbought 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 uptrend had started on August 11, 2025 at 362.50 and reached 560.25 on September 3, 2026. VRTX gained -197.75 points, or -54.55%, in 55 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 443.11 and resistance is at 573.01. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See VRTX medium-term trend chart]
A medium-term uptrend had started on May 5, 2026 at 412.27 and reached 560.25 on September 3, 2026. VRTX gained -147.98 points, or -35.89%, in 17 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (523.59) 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 October 2, 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 September 28, 2026 at 529.89 and reached 484.08 on October 13, 2026. VRTX lost 45.81 points, or 8.65%, in 15 days. The chart has formed a Broadening Descending Wedge chart pattern.

Daily Technical Indicators: [See VRTX daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since September 30, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 35.35
Williams' Percentage Range (W%R) 41.10
Lane's Stochastic (%D-Slow) 40.41
Greed/Fear Indicator (GFI) 44.88
Moving Average Converg./Diverg. (MACD) -4.91
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.91
Williams' Percentage Range (W%R) 35.10
Lane's Stochastic (%D-Slow) 43.19
Greed/Fear Indicator (GFI) 53.81
Moving Average Converg./Diverg. (MACD) 17.65
Trading Signals
Description Value Chart
Monthly Trendline Resistance 579.24
Quarterly Trendline Resistance 573.01
Upper Bollinger Band 530.39
Monthly Trendline Support 523.59
50 Day Moving Average 522.54
Weekly Stochastic Crossing 515.32
20 Day Moving Average 510.16
Price 499.74
Daily Stochastic Crossing 498.34
Lower Bollinger Band 487.47
Parabolic System 484.28
Quarterly Trendline Support 443.11
Sector and Industry
Description Name Rank
Sector Health Care 11
Industry Biotechnology 109
Daily Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
High 529.89
High Date 09/28/2026
Low 484.08
Low Date 10/13/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 560.25
High Date 09/03/2026
Low 484.08
Low Date 10/13/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 579.24
Support 523.59
Low 412.27
Low Date 05/05/2026
High 560.25
High Date 09/03/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 573.01
Support 443.11
Low 362.50
Low Date 08/11/2025
High 560.25
High Date 09/03/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 7.83
Low Date 11/11/2003
High 560.25
High Date 09/03/2026
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.