| INCY latest price $106.6600 (-2.07%) ($106.0300 - $110.2500) on Tue. Jun. 23, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.76% (three month average) |
RSI | 60 |
Latest Price | $106.6600(-2.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | INCY advances 2.2% a day on average for past five trading days. |
Weekly Trend | INCY advances 4.8% 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) IBB(59%) XBI(44%) IVW(39%) IWF(39%) QQQ(39%) |
Factors Impacting INCY price | INCY will decline at least -1.38% in a week (0% probabilities). VIXM(-23%) VXX(-12%) UUP(-12%) TBT(-4%) IYT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.38% (StdDev 2.76%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
| |
|
|