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Archive
- 6/6/2025 -
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Vertex Pharmaceuticals (VRTX) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a second consecutive positive week for the Vertex Pharmaceuticals (VRTX). During the week, the VRTX gained 8.45 points, or 1.91%, and closed at 450.50 on Friday, June 6, 2025. Weekly volume was -13% below average.
 Long-term trend: [See VRTX long-term trend chart]
A long-term uptrend had started on November 11, 2003 at 7.83 and reached 519.90 on November 8, 2024. VRTX gained -512.07 points, or -6539.85%, in 1095 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (430.34). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
 Medium-term trend: [See VRTX medium-term trend chart]
A medium-term uptrend had started on October 6, 2021 at 176.36 and reached 519.90 on November 8, 2024. VRTX gained -343.54 points, or -194.79%, in 161 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 417.71 and resistance is at 542.69. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel 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 May 2, 2025. 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 14, 2025 at 519.70 and reached 416.60 on May 14, 2025. VRTX lost 103.10 points, or 19.84%, in 61 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 397.22 and resistance is at 503.51. 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See VRTX daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since May 23, 2025.
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.
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