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Archive - 10/16/2026 - Sign In to see current Signals. |
Incyte (INCY) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week after 3 consecutive negative weeks for the Incyte (INCY). During the week, the INCY climbed 0.28 points, or 0.25%, and closed at 113.07 on Friday, October 16, 2026. INCY was trading at average weekly trading volume. INCY is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See INCY long-term trend chart] A long-term uptrend had started on October 31, 2023 at 50.27 and reached 132.60 on July 28, 2026. INCY gained -82.33 points, or -163.78%, in 143 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 57.06 and resistance is at 129.09. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See INCY medium-term trend chart] A medium-term downtrend had started on July 28, 2026 at 132.60 and reached 107.78 on October 13, 2026. INCY lost 24.82 points, or 18.72%, in 11 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See INCY weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since September 25, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See INCY short-term trend chart] A short-term downtrend had started on August 25, 2026 at 130.80 and reached 107.78 on October 13, 2026. INCY lost 23.02 points, or 17.60%, in 49 days. Price is near the Fibonacci 23.6% retracement level.
Daily Technical Indicators: [See INCY daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The daily MACD line is below its signal line since August 27, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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