| SGEN latest price $76.4300 (1.73%) ($73.5700 - $76.6200) on Thu. Jan. 31, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.9% (three month average) |
RSI | 65 |
Latest Price | $76.4300(1.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 1.5% a day on average for past five trading days. |
Weekly Trend | SGEN advances 2% 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) XLC(32%) IBB(27%) VFMO(25%) XLV(25%) BOTZ(23%) |
Factors Impacting SGEN price | SGEN will decline at least -1.45% in a week (0% probabilities). UUP(-8%) IFRA(-6%) VXX(-5%) VIXM(-4%) XHB(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.45% (StdDev 2.9%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
| |
|
|