| SGEN latest price $47.8800 (0.48%) ($47.2400 - $47.9300) on Thu. Aug. 24, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.44% (three month average) |
RSI | 40 |
Latest Price | $47.8800(0.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 0.7% a day on average for past five trading days. |
Weekly Trend | SGEN declines -1.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SGEN advance at 0% a week (0% probability) IBB(34%) XLV(31%) XBI(29%) IVW(28%) IWF(28%) |
Factors Impacting SGEN price | SGEN will decline at least -1.22% in a week (0% probabilities). VIXM(-12%) UUP(-7%) TLT(-4%) SHY(-2%) GDXJ(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.22% (StdDev 2.44%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
| |
|
|