| SGEN latest price $24.2800 (1.72%) ($23.7100 - $24.5100) on Fri. Nov. 16, 2012. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.02% (three month average) |
RSI | 37 |
Latest Price | $24.2800(1.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 1% a day on average for past five trading days. |
Weekly Trend | SGEN declines -2.8% 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(32%) QQQ(32%) SPY(32%) XLK(28%) XLY(27%) |
Factors Impacting SGEN price | SGEN will decline at least -1.01% in a week (0% probabilities). TLT(-10%) SHY(-4%) IGOV(-3%) TIP(-1%) GLD(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.01% (StdDev 2.02%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
| |
|
|