INCYTE CORP (INCY) Stock Technical Analysis
NASDAQ:INCY - Nasdaq - US45337C1027 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to INCY. INCY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
INCY is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
INCY is part of the Biotechnology industry. There are 568 other stocks in this industry. INCY outperforms 78% of them.
INCY has an average volume of 2125310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, INCY outperforms 50% of them, which is more or less in line with the market.
In the last month INCY has a been trading in the 53.56 - 63.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, INCY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 62.47. Right above this resistance zone may be a good entry point.
More info and screens
57.06
73.92
We found 1 important support area.
- Support @57.64 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 62.47 to 62.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 64.80 to 66.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @69.72 from a trend line in the daily time frame.
- Resistance @73.19 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.29
Mansfield-0.49
10 Day High63.57
10 Day Low53.56
20 Day High63.57
20 Day Low53.56
52 Week High83.95
52 Week Low50.35
Performance
1 Week5.51%
2 Weeks-6.8%
1 Month-3.91%
3 Month-19.07%
6 Month-12.32%
12 Month11.19%
2 Year-21.77%
3 Year-22.35%
5 Year-40.4%
10 Year-40.09%
15 Year333.11%
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)0.18
RSI(14)40.69
LBB55.09
UBB63.28
58.21
+0.48 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.83%
1 Week5.51%
2 Weeks-6.8%
1 Month-3.91%
3 Month-19.07%
6 Month-12.32%
12 Month11.19%
2 Year-21.77%
3 Year-22.35%
5 Year-40.4%
10 Year-40.09%
15 Year333.11%
Volatility
ATR(14)2.81
ATR(20)%4.23%
ATR Inc-38.71%
Range Today1.61
ADR(20)2.42
ADR(20)%4.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.29
Mansfield-0.49
10 Day High63.57
10 Day Low53.56
20 Day High63.57
20 Day Low53.56
52 Week High83.95
52 Week Low50.35
CS1 End57.64
CR1 Start62.47
Volume & EV
DER(3)0.65%
DER(5)2.24%
Volume1.17M
Volume Incr-36.51%
Vol(5)1.66M
Vol(50)2.13M