| INCY latest price $48.8900 (-1.33%) ($46.5500 - $49.5300) on Mon. Jun. 2, 2014. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.81% (three month average) |
RSI | 34 |
Latest Price | $48.8900(-1.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | INCY advances 0.7% a day on average for past five trading days. |
Weekly Trend | INCY declines -3.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support INCY advance at 0% a week (0% probability) XBI(58%) XLV(49%) QQQ(43%) SPY(40%) IWM(38%) |
Factors Impacting INCY price | INCY will decline at least -1.905% in a week (0% probabilities). VIXM(-20%) TLT(-8%) IGOV(-4%) SHY(-3%) GLD(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.905% (StdDev 3.81%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
| |
|
|