| INCY latest price $93.9800 (4.32%) ($90.2600 - $93.9800) on Fri. Jan. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.44% (three month average) |
RSI | 63 |
Latest Price | $93.9800(4.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | INCY advances 1.6% a day on average for past five trading days. |
Weekly Trend | INCY advances 0.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support INCY advance at 0% a week (0% probability) IBB(54%) XBI(40%) IWO(39%) IVW(38%) ARKG(37%) |
Factors Impacting INCY price | INCY will decline at least -1.22% in a week (0% probabilities). VIXM(-24%) VXX(-12%) UUP(-12%) TBT(-5%) USO(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.22% (StdDev 2.44%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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