| SGEN latest price $41.3100 (2.23%) ($40.3400 - $41.9700) on Fri. Jul. 1, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.76% (three month average) |
RSI | 56 |
Latest Price | $41.3100(2.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 1.9% a day on average for past five trading days. |
Weekly Trend | SGEN advances 1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SGEN advance at 0% a week (0% probability) IBB(39%) XBI(35%) XLV(32%) ARKG(28%) IWF(28%) |
Factors Impacting SGEN price | SGEN will decline at least -1.38% in a week (0% probabilities). VIXM(-14%) UUP(-7%) TLT(-6%) SHY(-3%) GDXJ(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.38% (StdDev 2.76%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
| |
|
|