| SGEN latest price $174.7400 (1.64%) ($170.8950 - $175.0800) on Tue. Sep. 15, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.79% (three month average) |
RSI | 66 |
Latest Price | $174.7400(1.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 3.7% a day on average for past five trading days. |
Weekly Trend | SGEN advances 1.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -1.395% 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 | -1.395% (StdDev 2.79%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
| |
|
|