STOCKS TO WATCH TODAY: WAKE-UP CALL FOR FIAT CHRYSLER AUTOMOBILES N.V. (FCAU), INCYTE CORPORATION (INCY)

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) recorded 14.94% uptrend from the beginning of this year till date. The 12-month potential price target for Fiat Chrysler Automobiles N.V. is set at $24.24. This target means that the stock has an upside potential to increase by 45.85% from the current trading price. The stock of FCAU went up by $0.1 now trading at $16.62. Their shares witnessed a 18.63% increase from the 52-week low price of $14.01 they recorded on 2019-01-02. Even though it is still -50.12% behind the $24.95 high touched on 2018-01-25. The last few days have been good for the stock, as its price has grew by 3.81% during the week. It has also performed poorly over the past three months, as it lost around -1.31% while it has so far retreated around -28.11% during the course of a year.

47 institutions entered new Fiat Chrysler Automobiles N.V. (NYSE:FCAU) positions, 140 added to their existing positions in these shares, 140 lowered their positions, and 45 exited their positions entirely.

Fiat Chrysler Automobiles N.V. (FCAU) trade volume has decreased by -32.71% as around 3,036,249 shares were sold when compared with its 50-day average volume of traded shares which is 4,512,282. At the moment, FCAU is witnessing a uptrend, as it is trading 9% above its 20-day SMA, 4.9% above its 50-day SMA, and -9.7% above its 200-day SMA. The company runs an ROE of roughly 0%, with financial analysts predicting that their earnings per share growth will be around 20.11% per annum for the next five year. This will be compared to the 54.06% increase witnessed over the past five years.

The first technical resistance point for Fiat Chrysler Automobiles N.V. (NYSE:FCAU) will likely come at $16.72, marking a 0.6% premium to the current level. The second resistance point is at $16.81, about 1.13% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $16.39, the lower end of the range. FCAU’s 14-day MACD is 1.05 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 63.78, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 36.64 percent, which is low when compared to that of the 50-day’s 38.78 percent.

The shares of Incyte Corporation (NASDAQ:INCY) has increased by 2.76%, and now trading at $78.67 on the Wall Street in the intra-day deal, with their shares traded now around 2,410,550. This is a rise of 736,050 shares over the average 1,674,500 shares that were traded daily over the last three months. The stock that is trading at $78.67 went higher by 38.02% from its 52-week low of $57 that it attained back on 2018-12-24. The stock recorded a 52-week high of $96.44 nearly 359 days ago on 2018-01-24.

INCY stock has performed well over the past 30 days, as it added 21.37% while its price climbed by 23.71% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 4.73% over the last week. The stock’s 12-month potential target price is now at $83.56. This means that the stock price might likely increase by 6.22% from its current trading price.12 out of 20 Wall Street analysts which represents 60% rated the stock as a buy while the remaining 40 rated it as a hold, with 0 of analysts rating it as a sell.

Incyte Corporation (NASDAQ:INCY) has been utilizing an ROE that is roughly -6.4%, with stock analysts predicting that the company’s EPS for the next five years will go up by 31.09% per year, following the -35% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 15.57% above its 20-day SMA, 17.81% above its 50-day SMA, and 16.41% above its 200-day SMA. In percentage terms, the aggregate Incyte Corporation shares held by institutional investors is 94.1%. 54 institutions jumped in to acquire Incyte Corporation (INCY) fresh stake, 230 added to their current holdings in these shares, 202 lowered their positions, and 48 left no stake in the company.

The stock’s 9-day MACD is 2.43 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 71.44, which shows that its stock has been overbought. The 20-day historical volatility for the shares stand at 46.77 percent, which is more when compared to that of the 50-day’s 44.94 percent. On the daily chart, we see that the stock could reach the first level of resistance at $79.75, sporting a 1.35% premium to the current level. The next resistance point is at $80.83, representing nearly 2.67% premium to the current market price of Incyte Corporation (INCY). On the other hand, failure to breach the immediate hurdles can drag it down to $74.83, the lower end of the range.

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