| SGEN latest price $51.5800 (5.57%) ($50.5200 - $54.6100) on Fri. Apr. 27, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.67% (three month average) |
RSI | 56 |
Latest Price | $51.5800(5.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 0.8% a day on average for past five trading days. |
Weekly Trend | SGEN declines -1.6% 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) IBB(31%) VFMO(29%) XLV(28%) IWF(27%) SPY(27%) |
Factors Impacting SGEN price | SGEN will decline at least -1.335% in a week (0% probabilities). VIXM(-9%) UUP(-7%) IFRA(-5%) DIA(-5%) TLT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.335% (StdDev 2.67%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
| |
|
|