| SGEN latest price $101.8700 (2.62%) ($97.5000 - $105.0000) on Tue. Mar. 24, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.03% (three month average) |
RSI | 38 |
Latest Price | $101.8700(2.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 0.2% a day on average for past five trading days. |
Weekly Trend | SGEN declines -5.9% 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(31%) IYT(21%) VFMO(20%) INDA(19%) BOTZ(18%) |
Factors Impacting SGEN price | SGEN will decline at least -1.515% in a week (0% probabilities). VIXM(-8%) UUP(-4%) VXX(-2%) TBT(-1%) XOP(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.515% (StdDev 3.03%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
| |
|
|