| SGEN latest price $105.7700 (3.07%) ($101.5900 - $105.9500) on Mon. Oct. 28, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 89 |
Latest Price | $105.7700(3.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 1% a day on average for past five trading days. |
Weekly Trend | SGEN advances 12% 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%) IYT(24%) VFMO(24%) FIVG(23%) IBB(23%) |
Factors Impacting SGEN price | SGEN will decline at least -1.505% in a week (0% probabilities). VIXM(-13%) VXX(-5%) TLT(-1%) IGOV(-1%) UUP(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.505% (StdDev 3.01%) |
Hourly BBV | 0 () |
Intraday Trend | 3.1% |
| |
|
|