US stock / ETF

Incyte Corp.

INCY · NASDAQ · USD

1 dayBearish79%
Daily Downside probability 79%Bearish

INCY 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $120.63 and stabilize above resistance $130.8.

Invalidation Trigger

Break above $130.8 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 35.9, MACD -1.304

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $2.89 (2.52%)

Daily

EMA Structure

Bearish
EMA 8$117.23Bearish
EMA 21$120.63Bearish
EMA 50$120.65Bearish

Signals

CategoryReadStrength
Momentum
RSI 35.9 · MACD -1.304

Momentum is weak

Strength
Bearish
Volatility
ATR $2.89 · BB 14.01%

Medium volatility

Strength
Range
Volume
MFI 9.5 · OBV -9.63%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$111.67 - $130.8

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+16.43% · 6.5 ATR above latest close

$133.69
Nearest resistance

+13.91% · 5.5 ATR above · 34-bar high

$130.8
Current price

Price shown is delayed

$114.83
Nearest support

-2.75% · 1.1 ATR below · 34-bar low

$111.67
Deeper support zone

-5.27% · 2.1 ATR below latest close

$108.78
ATR zone

Latest close ± ATR14

$111.94 - $117.72

Indicators

Trend

Dow Theory Structure

Confirmation $119.97, invalidation $128.21

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

20.7 / 11.6 / 29.5Bearish
Supertrend (10,3)

Price is above Supertrend

$105.42Bullish
Ichimoku Cloud

Cloud Span A / Span B

$119.84 / $122.13Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Volatility

ATR (14)

Medium volatility

$2.89 (2.52%)Range
Bollinger Bands (20,2)

Width 14.01%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$126.04 / $114.96Range
ATR channel lower / upper

Current Volatility Envelope

$111.94 / $117.72Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$130.8Range
Support

Nearest Downside Decision Level

$111.67Range

Momentum

RSI (14)

Momentum is weak

35.9Bearish
MACD (12,26,9)

Histogram is negative

-1.304Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.5 / 9.4Bullish
Williams %R (14)

Oversold zone

-81.5Bullish
CCI (20)

Weak expansion

-153.8Bearish
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

9.5Bearish
OBV slope

20-period OBV slope

-9.63%Bearish
Volume ratio

Relative to 20-period average volume

0.16xBearish

Trend

Dow Theory Structure

Confirmation $119.97, invalidation $128.21

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

20.7 / 11.6 / 29.5Bearish
Supertrend (10,3)

Price is above Supertrend

$105.42Bullish
Ichimoku Cloud

Cloud Span A / Span B

$119.84 / $122.13Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Momentum

RSI (14)

Momentum is weak

35.9Bearish
MACD (12,26,9)

Histogram is negative

-1.304Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.5 / 9.4Bullish
Williams %R (14)

Oversold zone

-81.5Bullish
CCI (20)

Weak expansion

-153.8Bearish
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volatility

ATR (14)

Medium volatility

$2.89 (2.52%)Range
Bollinger Bands (20,2)

Width 14.01%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$126.04 / $114.96Range
ATR channel lower / upper

Current Volatility Envelope

$111.94 / $117.72Range

Volume / Money Flow

MFI (14)

Money flow is weak

9.5Bearish
OBV slope

20-period OBV slope

-9.63%Bearish
Volume ratio

Relative to 20-period average volume

0.16xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$130.8Range
Support

Nearest Downside Decision Level

$111.67Range

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