|
|
Downtrend Broken Resist.Archive
- 6/5/2026 -
Sign In to see current Signals. |
Incyte (INCY) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week for the Incyte (INCY). During the week, the INCY gained 5.64 points, or 5.83%, and closed at 102.38 on Friday, June 5, 2026. It was the best weekly gain since February 6, 2026. Weekly volume was 11% above average.
 Long-term trend: [See INCY long-term trend chart]
A long-term uptrend had started on October 31, 2023 at 50.27 and reached 112.29 on January 7, 2026. INCY gained -62.02 points, or -123.37%, in 114 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 56.16 and resistance is at 120.83. 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 January 7, 2026 at 112.29 and reached 89.25 on March 24, 2026. INCY lost 23.04 points, or 20.52%, in 10 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (92.36) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See INCY weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since January 16, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See INCY short-term trend chart]
A short-term uptrend had started on June 2, 2026 at 92.18 and reached 106.37 on June 5, 2026. INCY gained -14.19 points, or -15.39%, in 3 days. The price is now at the 28.12% retracement level.
Daily Technical Indicators: [See INCY daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
 Candlestick pattern: [See INCY candlestick chart pattern]
On Friday the chart has formed a Bearish Advance Block Candlestick pattern. This pattern occurs in an uptrend; it is not a top reversal pattern, but it might precede a meaningful price decline. The reliability of the Bearish Advance Block pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Advance Block Candlestick pattern during the last week.
| |
|
|