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Incyte Breaks Below 200-Day Moving Average - Notable for INCY
By: BNK Invest
In trading on Monday, shares of Incyte Corporation (Symbol: INCY) crossed below their 200 day moving average of $44.79, changing hands as low as $42.74 per share. Incyte Corporation shares are currently trading off about 4.2% on the day. The chart below shows the one year performance of INCY shares, versus its 200 day moving average:
Looking at the chart above, INCY's low point in its 52 week range is $18.23 per share, with $70.86 as the 52 week high point - that compares with a last trade of $44.32.
According to the ETF Finder at ETF Channel, INCY makes up 4.05% of the First Trust NYSE Arca Biotechnology Index Fund ETF (Symbol: FBT) which is trading lower by about 0.3% on the day Monday.