| SGEN latest price $17.9000 (3.59%) ($16.9000 - $17.9900) on Tue. Aug. 30, 2011. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.57% (three month average) |
RSI | 80 |
Latest Price | $17.9000(3.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 3.4% a day on average for past five trading days. |
Weekly Trend | SGEN advances 8.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SGEN advance at 0% a week (0% probability) IWM(34%) QQQ(34%) SPY(33%) XLK(30%) XLY(28%) |
Factors Impacting SGEN price | SGEN will decline at least -1.785% in a week (0% probabilities). TLT(-12%) SHY(-4%) TIP(-3%) IGOV(0%) LQD(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.785% (StdDev 3.57%) |
Hourly BBV | 0 () |
Intraday Trend | 4.9% |
| |
|
|