US stock / ETF

Incyte Corp.

INCY · NASDAQ · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

INCY 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $89.29 and reclaim $115.28.

Invalidation Trigger

Lose $89.29 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 63.2, MACD 1.009

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $7.75 (6.81%)

Weekly

EMA Structure

Bullish
EMA 8$102.9Bullish
EMA 21$99.54Bullish
EMA 50$93.46Bullish

Signals

CategoryReadStrength
Momentum
RSI 63.2 · MACD 1.009

Momentum is strong

Strength
Bullish
Volatility
ATR $7.75 · BB 21.98%

High volatility

Strength
Bearish
Volume
MFI 71.5 · OBV 54.68%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$89.29 - $115.28

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+8.16% · 1.2 ATR above latest close

$123.03
Nearest resistance

+1.35% · 0.2 ATR above · 34-bar high

$115.28
Current price

Price shown is delayed

$113.75
Nearest support

-21.51% · 3.2 ATR below · 34-bar low

$89.29
Deeper support zone

-28.32% · 4.2 ATR below latest close

$81.54
ATR zone

Latest close ± ATR14

$106 - $121.5

Indicators

Trend

Dow Theory Structure

Confirmation $92.19, invalidation $102.97

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

Trend strength is active

25.5 / 31.4 / 3.7Bullish
Supertrend (10,3)

Price is above Supertrend

$81.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$103.01 / $91.08Bullish
Donchian Channel (20)

20-period breakout channel position

94%Bullish

Volatility

ATR (14)

High volatility

$7.75 (6.81%)Bearish
Bollinger Bands (20,2)

Width 21.98%

122%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$117.34 / $82.1Bearish
ATR channel lower / upper

Current Volatility Envelope

$106 / $121.5Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$115.28Range
Support

Nearest Downside Decision Level

$89.29Range

Momentum

RSI (14)

Momentum is strong

63.2Bullish
MACD (12,26,9)

Histogram is positive

1.009Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.1 / 76.3Bullish
Williams %R (14)

Overbought zone

-5.9Bearish
CCI (20)

Strong expansion

227.2Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

71.5Bullish
OBV slope

20-period OBV slope

54.68%Bullish
Volume ratio

Relative to 20-period average volume

1.32xBullish

Trend

Dow Theory Structure

Confirmation $92.19, invalidation $102.97

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

Trend strength is active

25.5 / 31.4 / 3.7Bullish
Supertrend (10,3)

Price is above Supertrend

$81.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$103.01 / $91.08Bullish
Donchian Channel (20)

20-period breakout channel position

94%Bullish

Momentum

RSI (14)

Momentum is strong

63.2Bullish
MACD (12,26,9)

Histogram is positive

1.009Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.1 / 76.3Bullish
Williams %R (14)

Overbought zone

-5.9Bearish
CCI (20)

Strong expansion

227.2Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$7.75 (6.81%)Bearish
Bollinger Bands (20,2)

Width 21.98%

122%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$117.34 / $82.1Bearish
ATR channel lower / upper

Current Volatility Envelope

$106 / $121.5Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

71.5Bullish
OBV slope

20-period OBV slope

54.68%Bullish
Volume ratio

Relative to 20-period average volume

1.32xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$115.28Range
Support

Nearest Downside Decision Level

$89.29Range

Related Forecasts