| SGEN latest price $209.0100 (-1.53%) ($206.9750 - $212.8200) on Wed. Oct. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 78 |
Latest Price | $209.0100(-1.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 0.8% a day on average for past five trading days. |
Weekly Trend | SGEN advances 4.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SGEN advance at 0% a week (0% probability) IBB(50%) XBI(42%) ARKG(36%) IWO(34%) QQQ(33%) |
Factors Impacting SGEN price | SGEN will decline at least -1.325% in a week (0% probabilities). VIXM(-21%) VXX(-10%) UUP(-10%) TBT(-4%) EDOC(-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 | -1.325% (StdDev 2.65%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
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