| SGEN latest price $79.9700 (1.7%) ($78.5100 - $80.2900) on Wed. Aug. 21, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.18% (three month average) |
RSI | 63 |
Latest Price | $79.9700(1.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 0.8% a day on average for past five trading days. |
Weekly Trend | SGEN advances 2.7% 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(33%) IBB(24%) IYT(24%) VFMO(24%) BOTZ(23%) |
Factors Impacting SGEN price | SGEN will decline at least -1.59% in a week (0% probabilities). VIXM(-14%) IFRA(-9%) VXX(-6%) TLT(-2%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.59% (StdDev 3.18%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
| |
|
|