| INCY latest price $64.9000 (2%) ($63.5700 - $65.2100) on Mon. Aug. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.24% (three month average) |
RSI | 66 |
Latest Price | $64.9000(2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | INCY advances 0.4% a day on average for past five trading days. |
Weekly Trend | INCY advances 1.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support INCY advance at 0% a week (0% probability) IBB(46%) XLV(44%) XLRE(42%) XBI(37%) XLP(36%) |
Factors Impacting INCY price | INCY will decline at least -0.62% in a week (0% probabilities). SLV(-20%) VIXM(-17%) VXX(-14%) USO(-14%) TIP(-11%) |
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 | -0.62% (StdDev 1.24%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
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