| SGEN latest price $177.7800 (0.82%) ($177.7800 - $180.5000) on Fri. Jan. 8, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.75% (three month average) |
RSI | 29 |
Latest Price | $177.7800(0.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 0.3% a day on average for past five trading days. |
Weekly Trend | SGEN declines -6.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support SGEN advance at 0% a week (0% probability) IBB(49%) XBI(41%) ARKG(35%) IWO(34%) ARKK(31%) |
Factors Impacting SGEN price | SGEN will decline at least -1.375% in a week (0% probabilities). VIXM(-22%) VXX(-10%) UUP(-9%) TBT(-3%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.375% (StdDev 2.75%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
| |
|
|