US stock / ETF

Incyte Corp.

INCY · NASDAQ · USD

4 hoursBearish62%
4h Downside probability 62%Bearish

INCY 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $128 and stabilize above resistance $130.84.

Invalidation Trigger

Break above $130.84 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 50.9, MACD -0.441

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.45 (1.13%)

4h

EMA Structure

Bullish
EMA 8$128.33Bearish
EMA 21$128Bearish
EMA 50$125.84Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.9 · MACD -0.441

Neutral zone

Strength
Bearish
Volatility
ATR $1.45 · BB 3.13%

Low volatility

Strength
Bullish
Volume
MFI 56.7 · OBV -25.27%

Relative to 20-period average volume

Strength
Range
Price Levels
$119.64 - $130.84

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.56% · 3.1 ATR above latest close

$132.29
Nearest resistance

+2.43% · 2.1 ATR above · 34-bar high

$130.84
Current price

Price shown is delayed

$127.74
Nearest support

-6.34% · 5.6 ATR below · 34-bar low

$119.64
Deeper support zone

-7.47% · 6.6 ATR below latest close

$118.19
ATR zone

Latest close ± ATR14

$126.29 - $129.19

Indicators

Trend

Dow Theory Structure

Confirmation $130.84, invalidation $126.06

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

Trend strength is moderate

11.8 / 34.8 / 25.1Bullish
Supertrend (10,3)

Price is above Supertrend

$124.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$128.09 / $124.43Bearish
Donchian Channel (20)

20-period breakout channel position

41%Bullish

Volatility

ATR (14)

Low volatility

$1.45 (1.13%)Bullish
Bollinger Bands (20,2)

Width 3.13%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$130.54 / $125.6Bullish
ATR channel lower / upper

Current Volatility Envelope

$126.29 / $129.19Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$130.84Range
Support

Nearest Downside Decision Level

$119.64Range

Momentum

RSI (14)

Neutral zone

50.9Range
MACD (12,26,9)

Histogram is negative

-0.441Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.1 / 35.8Bearish
Williams %R (14)

Neutral zone

-64.9Range
CCI (20)

Balanced zone

-65.9Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

56.7Bullish
OBV slope

20-period OBV slope

-25.27%Bearish
Volume ratio

Relative to 20-period average volume

1.30xBullish

Trend

Dow Theory Structure

Confirmation $130.84, invalidation $126.06

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

Trend strength is moderate

11.8 / 34.8 / 25.1Bullish
Supertrend (10,3)

Price is above Supertrend

$124.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$128.09 / $124.43Bearish
Donchian Channel (20)

20-period breakout channel position

41%Bullish

Momentum

RSI (14)

Neutral zone

50.9Range
MACD (12,26,9)

Histogram is negative

-0.441Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.1 / 35.8Bearish
Williams %R (14)

Neutral zone

-64.9Range
CCI (20)

Balanced zone

-65.9Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$1.45 (1.13%)Bullish
Bollinger Bands (20,2)

Width 3.13%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$130.54 / $125.6Bullish
ATR channel lower / upper

Current Volatility Envelope

$126.29 / $129.19Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

56.7Bullish
OBV slope

20-period OBV slope

-25.27%Bearish
Volume ratio

Relative to 20-period average volume

1.30xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$130.84Range
Support

Nearest Downside Decision Level

$119.64Range

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