| SGEN latest price $42.3700 (2.22%) ($41.5300 - $42.9300) on Mon. Jul. 11, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.71% (three month average) |
RSI | 61 |
Latest Price | $42.3700(2.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 0.5% a day on average for past five trading days. |
Weekly Trend | SGEN advances 3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SGEN advance at 0% a week (0% probability) IBB(39%) XBI(34%) XLV(32%) ARKG(28%) IVW(27%) |
Factors Impacting SGEN price | SGEN will decline at least -1.355% in a week (0% probabilities). VIXM(-13%) UUP(-6%) TLT(-5%) SHY(-2%) GDXJ(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.355% (StdDev 2.71%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
| |
|
|