Incyte Corporation ($INCY): Caution Is Advised (2019-11-14)

REPORTING FOR 2019-11-14 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how INCY has been trading over the last 2 weeks and the past day especially. On its latest session, Incyte Corporation ($INCY) opened at 85.95, reaching a high of 87.8399 and a low of 85.04 before closing at a price of 87.43. There was a total volume of 828073.

VOLUME INDICATORS FOR INCYTE CORPORATION ($INCY): We saw an accumulation-distribution index of 316.23709, an on-balance volume of -86.14, chaikin money flow of 1.96301 and a force index of 2.0046. There was an ease of movement rating of 0.02279, a volume-price trend of 6.28213 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR INCYTE CORPORATION ($INCY): We noted an average true range of 1.45088, bolinger bands of 85.69823, an upper bollinger band of 83.66177, lower bollinger band of 85.04, a bollinger high band indicator of 1.0, bollinger low band indicator of nan, a central keltner channel of 86.27663, high band keltner channel of 84.38673, low band keltner channel of 88.16653, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 85.04, a donchian channel low band of 85.04, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR INCYTE CORPORATION ($INCY): We calculated a Moving Average Convergence Divergence (MACD) of -0.01615, a MACD signal of -0.00897, a MACD difference of -0.00718, a fast Exponential Moving Average (EMA) indicator of 85.04, a slow Exponential Moving Average (EMA) indicator of 85.04, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 1.43131, a trix of 6.61217, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -5.62621, a KST Oscillator (KST) of 70.84676 and a KST Oscillator (KST Signal) of 70.84676 (leaving a KST difference of -2.26661). We also found an Ichimoku rating of 86.89495, an Ichimoku B rating of 86.89495, a Ichimoku visual trend A of 81.38523, an Ichimoku visual trend B of 81.3081, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR INCYTE CORPORATION ($INCY): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 86.07756, a stochastic oscillator of 148.1507, a stochastic oscillator signal of 148.1507, a Williams %R rating of 48.1507 and an awesome oscillator of -0.36616.

RETURNS FOR INCYTE CORPORATION ($INCY): There was a daily return of 7.08468, a daily log return of -0.85026 and a cumulative return of -0.84666.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-14 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Incyte Corporation ($INCY)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Incyte Corporation ($INCY) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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