| SGEN latest price $171.9150 (14.56%) ($160.1700 - $173.3200) on Mon. Sep. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.8% (three month average) |
RSI | 64 |
Latest Price | $171.9150(14.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 3.1% a day on average for past five trading days. |
Weekly Trend | SGEN declines -0.5% 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) IBB(52%) XBI(43%) ARKG(37%) IWO(35%) IWF(33%) |
Factors Impacting SGEN price | SGEN will decline at least -1.4% in a week (0% probabilities). VIXM(-20%) VXX(-10%) UUP(-10%) TBT(-4%) DRIV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.4% (StdDev 2.8%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
| |
|
|