| SGEN latest price $180.9550 (2.88%) ($172.1200 - $181.4000) on Fri. Sep. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.8% (three month average) |
RSI | 70 |
Latest Price | $180.9550(2.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 3.6% a day on average for past five trading days. |
Weekly Trend | SGEN advances 7.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.4% (StdDev 2.8%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0% |
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