| SGEN latest price $70.3400 (-1.5%) ($69.6700 - $71.2500) on Mon. Jan. 14, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.65% (three month average) |
RSI | 87 |
Latest Price | $70.3400(-1.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 2.2% a day on average for past five trading days. |
Weekly Trend | SGEN advances 13.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SGEN advance at 0% a week (0% probability) XLC(32%) IBB(27%) VFMO(25%) XLV(25%) BOTZ(24%) |
Factors Impacting SGEN price | SGEN will decline at least -1.825% in a week (0% probabilities). DIA(-12%) UUP(-7%) VXX(-5%) VIXM(-4%) GDXJ(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.825% (StdDev 3.65%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
| |
|
|