Trading Signals: VRTX Stock Price Prediction and Forecast

^ VRTX: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Jun. 7, 2023

Trading Signals: VRTX Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)

(Vertex Pharmaceuticals Inc)
VRTX latest price $324.6400 (-1.76%) ($324.0500 - $324.6400) on Wed. Jun. 7, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.36% (three month average)
RSI   33
Latest Price   $324.6400(-1.76%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   VRTX advances 0.1% a day on average for past five trading days.
Weekly Trend   VRTX declines -1.4% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support VRTX advance at 0% a week (0% probability)
IBB(51%)    XLV(48%)    HYG(35%)    JNK(35%)    DIA(34%)
Factors Impacting VRTX price   VRTX will decline at least -0.68% in a week (0% probabilities).
VIXM(-22%)    VXX(-19%)    TBT(-17%)    ACES(-11%)    IGOV(-6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.68% (StdDev 1.36%)
Hourly BBV -1.8 ()
Intraday Trend 0%

Resistance Level   $336.1
5 Day Moving Average   $329.45(-1.46%)
10 Day Moving Average   $329.25(-1.4%)
20 Day Moving Average   $336.1(-3.41%)
To recent high   -7.7%
To recent low   13.8%
Market Cap   $84.447b

Vertex Pharmaceuticals, Inc. engages in the business of discovering, developing, manufacturing and commercializing small molecule drugs for patients with serious diseases. It focuses on development and commercializing therapies for the treatment of cystic fibrosis, infectious diseases including viral infections such as influenza and bacterial infections, autoimmune diseases such as rheumatoid arthritis, cancer, inflammatory bowel disease and neurological disorders including pain and multiple sclerosis. The company was founded by Joshua S. Boger in 1989 and is headquartered in Boston, MA.

$. VRTX price fluctuates within 2.65% (three month std-dev: 1.36%) daily (68% of days).

Sample size 37 Average positive next day return: 1.37%(54%) Average negative next day return: -2.47%(46%) Sample size 37 Average positive next three day return: 6.09%(51%) Average negative next three day return: -2.69%(49%) Sample size 37 Average positive next weekly return: 7.63%(59%) Average negative next weekly return: -3.56%(41%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230707

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_7_2023	316.75	336.1	329.25	329.45	330.88	327.26	324.64(-1.76%)	DT	OpenShort	-75	-0.5	-175	-60	-188	-135	1.1	60%	0.04	-48.7	1.36%	-1.8	-1.3	33	2.2
2	Jun_6_2023	316.63	337.16	330.12	329.25	330.59	332.57	330.44(-1.38%)	DT	OpenShort	-75	0.1	-43	50	-28	-87	1.09	63%	0.05	-51.6	1.36%	-0.7	-0.8	34	2.4
3	Jun_5_2023	316.48	337.84	330.94	328.11	328.88	334.5	335.06(0.39%)	UT	OpenLong	75	0.8	214	130	280	15	0.75	65%	0.11	-56.3	1.35%	1.3	-0.3	34	2.3
4	Jun_2_2023	316.13	338.51	331.49	327.08	326.3	328.61	333.75(3.22%)	RB	SmallLong	20	0.8	160	40	221	-24	1.23	65%	0.12	-53.8	1.35%	2.3	-0.5	34	2.2
5	Jun_1_2023	315.74	339.16	331.86	326.85	325.3	323.26	323.34(-0.09%)	DT	HoldShort	-65	-0.4	-115	-60	-95	-174	1.07	62%	0.11	-51.3	1.29%	0.2	-1.8	16	2

6	May_31_2023	315.4	340.48	333.75	329.17	327.71	323.98	323.64(-0.35%)	DT	HoldShort	-65	-0.7	-205	-90	-203	-211	5.23	62%	0.11	-34.4	1.32%	-0.4	-2	16	1.2
7	May_30_2023	315.04	341.67	335.91	331.09	330.65	327.34	324.78(-1.55%)	DT	OpenShort	-75	-0.9	-214	-70	-217	-205	1.52	62%	0.21	-23.7	1.32%	-1.3	-2.3	29	1.3
8	May_26_2023	314.37	342.73	338.31	334.05	332.76	331.43	329.89(-0.82%)	DT	OpenShort	-75	-0.7	-165	-40	-166	-162	1.31	65%	0.14	-7.3	1.29%	-0.6	-2.1	35	0.8
9	May_25_2023	313.94	343.35	340.11	336.49	335.18	333.96	332.61(-0.7%)	DT	OpenShort	-75	-0.7	-74	-40	-63	-106	0.85	65%	0.15	12.1	1.29%	-0.5	-2	32	0.2
10	May_24_2023	313.47	343.78	341.9	337.65	337.46	334.08	334.94(0.52%)	DP	OpenShort	-75	-0.4	-116	-70	-116	-115	0.7	65%	0.16	22.6	1.3%	-0.4	-1.4	38	-0.2

11	May_23_2023	312.96	343.36	343.56	339.09	338.32	336.4	333.22(-1.87%)	DT	OpenShort	-75	-0.9	-210	-50	-231	-148	0.88	65%	0.07	25.1	1.31%	-1.9	-1.5	34	0.9
12	May_22_2023	312.75	343.43	344.89	341.45	340.56	340.84	339.57(-0.74%)	DT	OpenShort	-75	-0.3	-28	-0	-21	-49	0.73	69%	0.17	39.8	1.29%	-0.3	-0.6	44	1.2
13	May_19_2023	312.23	343.18	345.39	343.25	342.1	340.25	342.1(1.09%)	DP	OpenShort	-75	-0.2	-45	-50	-44	-46	0.54	69%	0.1	48.6	1.28%	0.3	-0.2	49	1.6
14	May_18_2023	311.92	342.69	346.11	344.39	343.72	340.28	338.4(-1.1%)	DT	OpenShort	-75	-0.8	-181	-80	-210	-94	0.64	69%	0.18	48.2	1.28%	-1.4	-0.6	50	2.1
15	May_17_2023	311.37	342.32	347.05	346.81	346.07	343.96	342.17(-0.82%)	DT	OpenShort	-75	-0.6	-152	-50	-184	-56	0.67	69%	0.19	51.9	1.28%	-1.2	-0	56	1.6

16	May_16_2023	310.79	341.7	347.76	348.7	348.23	347.16	345(-1.02%)	N/A	N/A	0	-0.4	-48	-30	-75	34	0.65	64%	0.12	55.6	1.28%	-0.8	0.4	75	1.1
17	May_15_2023	310.43	340.78	347.93	348.77	349.71	348.18	348.57(0.22%)	UD	OpenLong	65	-0	3	-20	-21	74	0.5	64%	0.2	55	1.3%	0.2	0.8	65	1.7
18	May_12_2023	309.82	339.76	347.5	347.82	348.9	349.31	347.8(-0.77%)	N/A	N/A	0	-0	-22	20	-53	70	0.3	64%	0.18	56.8	1.29%	-1	0.9	64	1.2
19	May_11_2023	309.25	339.03	346.85	348.11	347.9	351.23	350.51(-0.32%)	UD	OpenLong	75	0.3	127	70	117	155	0.6	64%	0.2	65.3	1.29%	0.5	1.3	68	1.2
20	May_10_2023	308.62	338.13	345.77	347.39	347.59	348.49	351.64(1.83%)	UT	OpenLong	75	0.5	182	20	180	189	0.75	66%	0.2	70.8	1.3%	1.7	1.5	70	1.1

21	May_9_2023	308.01	336.85	343.08	346.83	346.41	344.58	345.33(0.44%)	N/A	N/A	0	-0.2	-64	-40	-107	67	0.57	64%	0.19	78.3	1.3%	-0.2	1	68	0.7
22	May_8_2023	307.43	335.81	341.85	346.99	347.5	346.7	343.83(-1.55%)	N/A	N/A	0	-0.4	-29	-10	-70	95	0.44	55%	0.13	81.4	1.3%	-1.3	0.9	69	1.2
23	May_5_2023	307.04	334.71	340.82	347.03	347.96	348.24	349.26(0.68%)	UT	OpenLong	75	0.3	59	10	34	135	0.61	58%	0.14	86.3	1.43%	0.9	1.7	71	1.1
24	May_4_2023	306.61	333.32	338.99	345.31	346.57	348.3	346.9(-0.56%)	UD	OpenLong	75	0.2	78	50	60	132	0.65	58%	0.11	90.2	1.44%	-0.4	1.6	61	-0.1
25	May_3_2023	306.26	332.01	337.21	343.82	345.01	347.68	348.84(0.78%)	UT	OpenLong	75	0.6	170	60	172	163	0.84	58%		92.7	1.45%	0.7	2.1	63	1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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