Stock Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Incyte Corporation - Common Stock (NASDAQ:INCY)
Bear Market Rally (-75) - INCY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on INCY as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid INCY?
MarketClub looks at technical strength and momentum to determine if the timing is right for INCY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INCY
The long-term trend has been DOWN since Sep 4th, 2020 at 89.96
The intermediate-term trend has been DOWN since Oct 19th, 2020 at 87.25
The short-term trend has been UP since Nov 27th, 2020 at 83.40
Smart Scan Analysis for INCY
Based on our trend formula, INCY is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||102.63||Year High Date||2018-01-03|
|Year Low||58.33||Year Low Date||2018-10-30|
|52wk High||110.365||52wk High Date||2020-07-07|
|52wk Low||62.48||52wk Low Date||2020-03-23|
|Year End Close||16.61||Average Volume||969,163|
|Shares Outstanding||218,699||Short Interest||23,306,828|