| SGEN latest price $160.8200 (1.13%) ($156.2600 - $161.1500) on Tue. Jun. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.84% (three month average) |
RSI | 46 |
Latest Price | $160.8200(1.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 1.2% a day on average for past five trading days. |
Weekly Trend | SGEN declines -1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SGEN advance at 0% a week (0% probability) XLC(26%) IYT(16%) VFMO(12%) BOTZ(11%) IPO(11%) |
Factors Impacting SGEN price | SGEN will decline at least -1.92% in a week (0% probabilities). UUP(-7%) TBT(-4%) XOP(-2%) UNG(-2%) DRIV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.92% (StdDev 3.84%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
| |
|
|