INCY

IncyteHealthcare

$95.93+1.73%

Descending Triangle Symmetrical Triangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$95.93

FEBMARAPR

Trade this Descending Triangle

A key Descending Triangle has formed on INCY. Analyze the breakout level now.

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Quick Actions

Trade Plan: Descending Triangle

Risk/Reward

1:2.05

Entry

$89.25

Stop

$96.05

Target

$75.34

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Symmetrical Triangle

Consolidation. Can break either way.

Market Analysis

Market participants tracking Incyte should note the latest formation. The stock is trading at $95.93, up 1.73% on the day. Price action has carved out a classic Descending Triangle. Volume is average (0.7x avg) with moderate trend strength (20.8). A potential breakout level is identified at $89.25, targeting $75.34 with support near $96.05 (R:R 2.05).

Community Sentiment

What is your outlook on INCY?

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Peer Analysis

Idxx Bearish Flag Dhr Descending Triangle Ste Descending Triangle Vtrs Rectangle A Descending Triangle

Pattern Peers

Ndsn Descending Triangle Nsc Descending Triangle Swk Descending Triangle Asml Descending Triangle Gm Descending Triangle