US stock / ETF

Incyte Corp.

INCY · NASDAQ · USD

4 hoursBearish56%
4h Downside probability 56%Bearish

INCY 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $123.18 and stabilize above resistance $130.

Invalidation Trigger

Break above $130 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 54.5, MACD 0.365

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.74 (1.4%)

4h

EMA Structure

Bearish
EMA 8$122.84Bullish
EMA 21$123.18Bullish
EMA 50$124.23Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.5 · MACD 0.365

Neutral zone

Strength
Bullish
Volatility
ATR $1.74 · BB 6.26%

Low volatility

Strength
Bullish
Volume
MFI 37.0 · OBV -107.13%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$118.2 - $130

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.61% · 4.0 ATR above latest close

$131.74
Nearest resistance

+4.21% · 3.0 ATR above · 34-bar high

$130
Current price

Price shown is delayed

$124.75
Nearest support

-5.25% · 3.8 ATR below · 34-bar low

$118.2
Deeper support zone

-6.65% · 4.8 ATR below latest close

$116.46
ATR zone

Latest close ± ATR14

$123.01 - $126.49

Indicators

Trend

Dow Theory Structure

Confirmation $122.5, invalidation $120.13

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

44.3 / 21.2 / 33.9Bearish
Supertrend (10,3)

Price is above Supertrend

$120.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$122.79 / $124.1Bullish
Donchian Channel (20)

20-period breakout channel position

71%Range

Volatility

ATR (14)

Low volatility

$1.74 (1.4%)Bullish
Bollinger Bands (20,2)

Width 6.26%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$126.04 / $120.2Bullish
ATR channel lower / upper

Current Volatility Envelope

$123.01 / $126.49Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$130Range
Support

Nearest Downside Decision Level

$118.2Range

Momentum

RSI (14)

Neutral zone

54.5Range
MACD (12,26,9)

Histogram is positive

0.365Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

98.6 / 87.2Bullish
Williams %R (14)

Overbought zone

-1.4Bearish
CCI (20)

Balanced zone

82.6Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

37.0Bearish
OBV slope

20-period OBV slope

-107.13%Bearish
Volume ratio

Relative to 20-period average volume

1.21xBullish

Trend

Dow Theory Structure

Confirmation $122.5, invalidation $120.13

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

44.3 / 21.2 / 33.9Bearish
Supertrend (10,3)

Price is above Supertrend

$120.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$122.79 / $124.1Bullish
Donchian Channel (20)

20-period breakout channel position

71%Range

Momentum

RSI (14)

Neutral zone

54.5Range
MACD (12,26,9)

Histogram is positive

0.365Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

98.6 / 87.2Bullish
Williams %R (14)

Overbought zone

-1.4Bearish
CCI (20)

Balanced zone

82.6Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$1.74 (1.4%)Bullish
Bollinger Bands (20,2)

Width 6.26%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$126.04 / $120.2Bullish
ATR channel lower / upper

Current Volatility Envelope

$123.01 / $126.49Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.0Bearish
OBV slope

20-period OBV slope

-107.13%Bearish
Volume ratio

Relative to 20-period average volume

1.21xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$130Range
Support

Nearest Downside Decision Level

$118.2Range

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