| INCY latest price $93.3550 (-3.83%) ($93.2400 - $97.4200) on Wed. Oct. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.5% (three month average) |
RSI | 63 |
Latest Price | $93.3550(-3.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | INCY advances 0.6% a day on average for past five trading days. |
Weekly Trend | INCY advances 4.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support INCY advance at 0% a week (0% probability) IBB(56%) XBI(41%) IVW(37%) IWF(37%) IWO(37%) |
Factors Impacting INCY price | INCY will decline at least -1.25% in a week (0% probabilities). VIXM(-23%) VXX(-12%) UUP(-12%) TBT(-5%) IGOV(-4%) |
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 | -1.25% (StdDev 2.5%) |
Hourly BBV | -2.5 () |
Intraday Trend | 0% |
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