US stock / ETF

Incyte Corp.

INCY · NASDAQ · USD

4 hoursBullish85%
4h Upside probability 85%Bullish

INCY 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $111 and reclaim $117.65.

Invalidation Trigger

Lose $111 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 57.5, MACD -0.029

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.66 (1.42%)

4h

EMA Structure

Bullish
EMA 8$115.38Bullish
EMA 21$115.06Bullish
EMA 50$115.05Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.5 · MACD -0.029

Momentum is strong

Strength
Bullish
Volatility
ATR $1.66 · BB 4.46%

Low volatility

Strength
Bullish
Volume
MFI 64.1 · OBV 12.94%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$111 - $117.65

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.32% · 1.6 ATR above latest close

$119.31
Nearest resistance

+0.9% · 0.6 ATR above · 34-bar high

$117.65
Current price

Price shown is delayed

$116.6
Nearest support

-4.8% · 3.4 ATR below · 34-bar low

$111
Deeper support zone

-6.23% · 4.4 ATR below latest close

$109.34
ATR zone

Latest close ± ATR14

$114.94 - $118.26

Indicators

Trend

Dow Theory Structure

Confirmation $111.18, invalidation $117.3

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

Trend strength is active

24.5 / 22.9 / 19.4Bullish
Supertrend (10,3)

Price is above Supertrend

$111.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$114.33 / $111.95Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Volatility

ATR (14)

Low volatility

$1.66 (1.42%)Bullish
Bollinger Bands (20,2)

Width 4.46%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$118.26 / $111.92Bullish
ATR channel lower / upper

Current Volatility Envelope

$114.94 / $118.26Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$117.65Range
Support

Nearest Downside Decision Level

$111Range

Momentum

RSI (14)

Momentum is strong

57.5Bullish
MACD (12,26,9)

Histogram is negative

-0.029Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

83.8 / 75.5Bullish
Williams %R (14)

Overbought zone

-16.2Bearish
CCI (20)

Balanced zone

76.7Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

64.1Bullish
OBV slope

20-period OBV slope

12.94%Bullish
Volume ratio

Relative to 20-period average volume

2.60xBullish

Trend

Dow Theory Structure

Confirmation $111.18, invalidation $117.3

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

Trend strength is active

24.5 / 22.9 / 19.4Bullish
Supertrend (10,3)

Price is above Supertrend

$111.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$114.33 / $111.95Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Momentum

RSI (14)

Momentum is strong

57.5Bullish
MACD (12,26,9)

Histogram is negative

-0.029Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

83.8 / 75.5Bullish
Williams %R (14)

Overbought zone

-16.2Bearish
CCI (20)

Balanced zone

76.7Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$1.66 (1.42%)Bullish
Bollinger Bands (20,2)

Width 4.46%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$118.26 / $111.92Bullish
ATR channel lower / upper

Current Volatility Envelope

$114.94 / $118.26Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

64.1Bullish
OBV slope

20-period OBV slope

12.94%Bullish
Volume ratio

Relative to 20-period average volume

2.60xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$117.65Range
Support

Nearest Downside Decision Level

$111Range

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