Incyte Stock Technical Analysis

INCY -  USA Stock  

USD 73.52  0.63  0.85%

As of the 26th of January, Incyte Corp retains the Risk Adjusted Performance of 0.0794, downside deviation of 2.38, and Market Risk Adjusted Performance of 0.4621. Incyte Corp technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down nineteen technical drivers for Incyte Corp, which can be compared to its competitors. Please check out Incyte Corp market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Incyte Corp is priced fairly, providing market reflects its last-minute price of 73.52 per share. Given that Incyte Corp has jensen alpha of 0.2108, we strongly advise you to confirm Incyte Corp's regular market performance to make sure the company can sustain itself at a future point.

Incyte Technical Analysis 

 
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Incyte Corp Analyst Consensus

Target PriceAdvice# of Analysts
88.42Buy12Odds
Incyte Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Incyte analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Incyte stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Incyte Corp, talking to its executives and customers, or listening to Incyte conference calls.
Incyte Analyst Advice Details
Incyte Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Incyte Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Incyte Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Incyte Corp Technical Analysis

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The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Incyte Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Incyte Corp Trend Analysis

Use this graph to draw trend lines for Incyte Corp. You can use it to identify possible trend reversals for Incyte Corp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Incyte Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Incyte Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Incyte Corp applied against its price change over selected period. The best fit line has a slop of   0.19  , which means Incyte Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1357.23, which is the sum of squared deviations for the predicted Incyte Corp price change compared to its average price change.

About Incyte Corp Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Incyte Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Incyte Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Incyte Corp stock first instead of the macroeconomic environment surrounding Incyte Corp. By analyzing Incyte Corp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Incyte Corp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Incyte Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2021 2022 (projected)
Long Term Debt to Equity0.01230.01430.0147
Interest Coverage216.71195.04210.44

Incyte Corp January 26, 2022 Technical Indicators

Most technical analysis of Incyte help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Incyte from various momentum indicators to cycle indicators. When you analyze Incyte charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Incyte Corp January 26, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Incyte stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please see Risk vs Return Analysis. Note that the Incyte Corp information on this page should be used as a complementary analysis to other Incyte Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Incyte Corp price analysis, check to measure Incyte Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Incyte Corp is operating at the current time. Most of Incyte Corp's value examination focuses on studying past and present price action to predict the probability of Incyte Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Incyte Corp's price. Additionally, you may evaluate how the addition of Incyte Corp to your portfolios can decrease your overall portfolio volatility.
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Is Incyte Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Incyte Corp. If investors know Incyte will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Incyte Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Incyte Corp is measured differently than its book value, which is the value of Incyte that is recorded on the company's balance sheet. Investors also form their own opinion of Incyte Corp's value that differs from its market value or its book value, called intrinsic value, which is Incyte Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Incyte Corp's market value can be influenced by many factors that don't directly affect Incyte Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Incyte Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Incyte Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Incyte Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.