INCYTE CORP (INCY)

US45337C1027 - Common Stock

68.84  +1.78 (+2.65%)

After market: 68.82 -0.02 (-0.03%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to INCY. INCY has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month INCY has a been trading in the 66.33 - 76.46 range, which is quite wide. It is currently trading near the lows of this range.
INCY is one of the better performing stocks in the Biotechnology industry, it outperforms 73% of 568 stocks in the same industry.
INCY has an average volume of 2174950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, INCY outperforms 66% of them, which is more or less in line with the market.
INCY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so INCY is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
INCY Weekly chart
INCY Daily chart
Setup Rating and Analysis

4

INCY has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

51.92

86.56

4 important support areas can be observed.

  • Support @68.55 from a horizontal line in the weekly time frame.
  • Support @67.06 from a horizontal line in the daily time frame.
  • Support @63.22 from a horizontal line in the daily time frame.
  • Support @52.44 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 69.19 to 70.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 71.99 to 72.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 75.45 to 75.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @85.70 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.13
Mansfield0.01
10 Day High75.98
10 Day Low66.33
20 Day High76.46
20 Day Low66.33
52 Week High83.95
52 Week Low50.35
Performance
1 Week0.42%
2 Weeks-9.33%
1 Month-2.2%
3 Month4.72%
6 Month8.89%
12 Month9.53%
2 Year-14.29%
3 Year-6.21%
5 Year-21.16%
10 Year-5.84%
15 Year655.65%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.65
RSI(14)42.13
LBB65.81
UBB76.56
INCY Daily chart

INCYTE CORP

NASDAQ:INCY (12/20/2024, 8:18:30 PM)

After market: 68.82 -0.02 (-0.03%)

68.84

+1.78 (+2.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.65%
1 Week0.42%
2 Weeks-9.33%
1 Month-2.2%
3 Month4.72%
6 Month8.89%
12 Month9.53%
2 Year-14.29%
3 Year-6.21%
5 Year-21.16%
10 Year-5.84%
15 Year655.65%
Volatility
ATR(14)2.19
ATR(20)%3.03%
ATR Inc5.28%
Range Today2.22
ADR(20)1.95
ADR(20)%2.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.13
Mansfield0.01
10 Day High75.98
10 Day Low66.33
20 Day High76.46
20 Day Low66.33
52 Week High83.95
52 Week Low50.35
CS1 End68.55
CR1 Start69.19
Volume & EV
DER(3)-0.15%
DER(5)0.8%
Volume6.81M
Volume Incr31.76%
Vol(5)3.11M
Vol(50)2.17M