US stock / ETF

Vertex Pharmaceuticals Incorporated

VRTX · NASDAQ · USD

1 weekBullish91%
Weekly Upside probability 91%Bullish

VRTX 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $404.67 and reclaim $507.54.

Invalidation Trigger

Lose $404.67 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 64.1, MACD 3.094

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $23.04 (4.69%)

Weekly

EMA Structure

Bullish
EMA 8$454.48Bullish
EMA 21$449.25Bullish
EMA 50$446.51Bullish

Signals

CategoryReadStrength
Momentum
RSI 64.1 · MACD 3.094

Momentum is strong

Strength
Bullish
Volatility
ATR $23.04 · BB 19.15%

Medium volatility

Strength
Range
Volume
MFI 46.2 · OBV 7.80%

Relative to 20-period average volume

Strength
Range
Price Levels
$404.67 - $507.54

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+8.04% · 1.7 ATR above latest close

$530.58
Nearest resistance

+3.35% · 0.7 ATR above · 34-bar high

$507.54
Current price

Price shown is delayed

$491.1
Nearest support

-17.6% · 3.8 ATR below · 34-bar low

$404.67
Deeper support zone

-22.29% · 4.8 ATR below latest close

$381.63
ATR zone

Latest close ± ATR14

$468.06 - $514.14

Indicators

Trend

Dow Theory Structure

Confirmation $456.24, invalidation $421.4

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

18.9 / 25.8 / 19.2Bullish
Supertrend (10,3)

Price is above Supertrend

$410.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$459.13 / $436.1Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Volatility

ATR (14)

Medium volatility

$23.04 (4.69%)Range
Bollinger Bands (20,2)

Width 19.15%

96%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$496.37 / $402.45Range
ATR channel lower / upper

Current Volatility Envelope

$468.06 / $514.14Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$507.54Range
Support

Nearest Downside Decision Level

$404.67Range

Momentum

RSI (14)

Momentum is strong

64.1Bullish
MACD (12,26,9)

Histogram is positive

3.094Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

86.1 / 61.0Bullish
Williams %R (14)

Overbought zone

-13.9Bearish
CCI (20)

Strong expansion

121.7Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.2Range
OBV slope

20-period OBV slope

7.80%Bullish
Volume ratio

Relative to 20-period average volume

1.93xBullish

Trend

Dow Theory Structure

Confirmation $456.24, invalidation $421.4

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

18.9 / 25.8 / 19.2Bullish
Supertrend (10,3)

Price is above Supertrend

$410.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$459.13 / $436.1Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Momentum

RSI (14)

Momentum is strong

64.1Bullish
MACD (12,26,9)

Histogram is positive

3.094Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

86.1 / 61.0Bullish
Williams %R (14)

Overbought zone

-13.9Bearish
CCI (20)

Strong expansion

121.7Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

Medium volatility

$23.04 (4.69%)Range
Bollinger Bands (20,2)

Width 19.15%

96%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$496.37 / $402.45Range
ATR channel lower / upper

Current Volatility Envelope

$468.06 / $514.14Range

Volume / Money Flow

MFI (14)

Money flow is neutral

46.2Range
OBV slope

20-period OBV slope

7.80%Bullish
Volume ratio

Relative to 20-period average volume

1.93xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$507.54Range
Support

Nearest Downside Decision Level

$404.67Range

Related Forecasts