| INCY latest price $105.5500 (4.77%) ($102.1500 - $108.2000) on Thu. Nov. 17, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.75% (three month average) |
RSI | 73 |
Latest Price | $105.5500(4.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | INCY advances 0.2% a day on average for past five trading days. |
Weekly Trend | INCY advances 9.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support INCY advance at 0% a week (0% probability) IBB(60%) XBI(51%) XLV(45%) ARKG(43%) QQQ(42%) |
Factors Impacting INCY price | INCY will decline at least -1.375% in a week (0% probabilities). VIXM(-12%) UUP(-8%) TLT(-6%) SHY(-1%) IPO(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.375% (StdDev 2.75%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
| |
|
|