| INCY latest price $106.4500 (3.67%) ($102.5200 - $107.3800) on Thu. Jul. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.58% (three month average) |
RSI | 73 |
Latest Price | $106.4500(3.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | INCY advances 0.1% a day on average for past five trading days. |
Weekly Trend | INCY advances 3.8% 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(58%) XBI(43%) IVW(39%) IWF(39%) IWO(39%) |
Factors Impacting INCY price | INCY will decline at least -1.29% in a week (0% probabilities). VIXM(-24%) 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 | -1.29% (StdDev 2.58%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
| |
|
|