Incyte Breaks Below 200-Day Moving Average - Notable for INCY

In trading on Tuesday, shares of Incyte Corporation (INCY) crossed below their 200 day moving average of $51.51, changing hands as low as $51.28 per share. Incyte Corporation shares are currently trading off about 3.7% on the day. The chart below shows the one year performance of INCY shares, versus its 200 day moving average:

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Incyte Corporation 200 Day Moving Average Chart

Looking at the chart above, INCY's low point in its 52 week range is $22.29 per share, with $70.86 as the 52 week high point — that compares with a last trade of $51.72.

According to the ETF Finder at ETF Channel, INCY makes up 5.09% of the First Trust NYSE Arca Biotechnology Index Fund ETF ( FBT) which is trading lower by about 2% on the day Tuesday.

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