INCYTE CORP (INCY) Stock Technical Analysis
NASDAQ:INCY - Nasdaq - US45337C1027 - Common Stock
Taking everything into account, INCY scores 6 out of 10 in our technical rating. Although INCY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
INCY is part of the Biotechnology industry. There are 572 other stocks in this industry. INCY outperforms 80% of them.
In the last month INCY has a been trading in the 66.33 - 75.04 range, which is quite wide. It is currently trading near the high of this range.
INCY has an average volume of 2098220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, INCY did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
INCY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INCY is lagging the market.
Considerably lower volume is observed in the last couple of days.
INCY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 73.01, a Stop Loss order could be placed below this zone.
More info and screens
51.92
73.59
5 important support areas can be observed.
- A support zone ranging from 70.72 to 72.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 68.55 to 68.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @67.06 from a horizontal line in the daily time frame.
- Support @65.37 from a horizontal line in the daily time frame.
- Support @52.44 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.53
Mansfield0.57
10 Day High75.04
10 Day Low69.45
20 Day High75.04
20 Day Low66.33
52 Week High83.95
52 Week Low50.35
Performance
1 Week1.52%
2 Weeks5.51%
1 Month8.76%
3 Month12.91%
6 Month7.08%
12 Month21.16%
2 Year-13.71%
3 Year-1.16%
5 Year0.55%
10 Year-7.83%
15 Year587.92%
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)0.37
RSI(14)57.44
LBB68.22
UBB74.65
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 75.05 | 70.71 | 4.34 (5.78%) | 17.29% |
| An entry @75.05. This is a Buy Stop order right above the 10 day high. | An exit @70.71. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.34 points, which is 5.78%. | When investing 17.29% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
INCYTE CORP
NASDAQ:INCY (1/22/2025, 2:14:37 PM)
72.86
-0.61 (-0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.83%
1 Week1.52%
2 Weeks5.51%
1 Month8.76%
3 Month12.91%
6 Month7.08%
12 Month21.16%
2 Year-13.71%
3 Year-1.16%
5 Year0.55%
10 Year-7.83%
15 Year587.92%
Volatility
ATR(14)1.97
ATR(20)%2.58%
ATR Inc-14.85%
Range Today1.58
ADR(20)1.81
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.53
Mansfield0.57
10 Day High75.04
10 Day Low69.45
20 Day High75.04
20 Day Low66.33
52 Week High83.95
52 Week Low50.35
CS1 End73.01
CR1 StartN/A
Volume & EV
DER(3)-0.69%
DER(5)-1.21%
Volume509.69K
Volume Incr-25.54%
Vol(5)1.34M
Vol(50)2.10M