| SGEN latest price $54.4300 (3.64%) ($51.8300 - $55.8900) on Wed. May. 2, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.5% (three month average) |
RSI | 57 |
Latest Price | $54.4300(3.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 2.5% a day on average for past five trading days. |
Weekly Trend | SGEN advances 1.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock rally 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 -1.25% in a week (0% probabilities). VIXM(-9%) UUP(-7%) DIA(-5%) TLT(-3%) GDXJ(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.25% (StdDev 2.5%) |
Hourly BBV | 0 () |
Intraday Trend | 4.3% |
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