| SGEN latest price $43.8900 (0.23%) ($42.6900 - $44.0500) on Wed. Jan. 15, 2014. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.33% (three month average) |
RSI | 68 |
Latest Price | $43.8900(0.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 1.4% a day on average for past five trading days. |
Weekly Trend | SGEN advances 3.7% 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) XBI(46%) IWM(31%) QQQ(31%) SPY(31%) XLK(28%) |
Factors Impacting SGEN price | SGEN will decline at least -1.165% in a week (0% probabilities). TLT(-9%) SHY(-4%) IGOV(-3%) UUP(-2%) TIP(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.165% (StdDev 2.33%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
| |
|
|