AI Predicts a Bearish Trend for Incyte Corp: A Potential 4% Monthly Decline Ahead
In the world of trading, the ability to anticipate market movements is invaluable. Our AI has identified a bearish trend for Incyte Corp (INCY, $60.97), predicting a decline of 4% to $58.53 or more within the next month. Based on similar scenarios where the stock trended down during the month, the odds of a downtrend continuation are 84%.
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Incyte Corp operates within the biotechnology industry, a sector that involves genetic or protein engineering to produce medicines and therapies for treating and preventing ailments. The industry also provides crucial ingredients for diagnostics. This multi-billion-dollar industry is heavily focused on research and development, as companies attempt to continually come up with cutting-edge solutions for health. New discoveries for the treatment of diseases provide opportunities for growth for a company in this industry. However, these discoveries must pass the regulatory approval from the U.S. Food and Drug Administration (FDA) before they can make it to markets. Some of the biggest operators in this industry include Amgen Inc., Gilead Sciences, Inc., and Celgene Corporation.
In terms of market capitalization, the average across the Biotechnology Industry is 2.05B, with a range from 402 to 345.46B. NONOF holds the highest valuation in this group at 345.46B, while PNEXF is at the lower end with 402.
Looking at price growth, the average weekly growth across all stocks in the Biotechnology Industry was 2%, with a monthly growth of 5%, and a quarterly growth of 31%. GLWLF experienced the highest price growth at 410%, while AVTX experienced the biggest fall at -89%.
In terms of volume, the average weekly volume growth across all stocks in the industry was 14%, with a monthly volume growth of 39% and a quarterly volume decline of -59%.
AI's prediction of a bearish trend for Incyte Corp underscores the power of AI in predicting market trends. As we continue to refine our AI algorithms, we look forward to sharing more insights and predictions with you. Stay tuned!
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INCY's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for INCY turned positive on April 15, 2025. Looking at past instances where INCY's MACD turned positive, the stock continued to rise in of 37 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where INCY's RSI Indicator exited the oversold zone, of 36 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 23, 2025. You may want to consider a long position or call options on INCY as a result. In of 101 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where INCY advanced for three days, in of 297 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 66 cases where INCY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The 50-day moving average for INCY moved below the 200-day moving average on April 09, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where INCY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
INCY broke above its upper Bollinger Band on April 30, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for INCY entered a downward trend on April 21, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. INCY’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.147) is normal, around the industry mean (14.238). P/E Ratio (298.050) is within average values for comparable stocks, (62.770). Projected Growth (PEG Ratio) (0.107) is also within normal values, averaging (1.866). Dividend Yield (0.000) settles around the average of (0.024) among similar stocks. P/S Ratio (2.746) is also within normal values, averaging (252.967).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. INCY’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 95, placing this stock worse than average.
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General Information
a developer of drugs
Industry Biotechnology