| SGEN latest price $180.5000 (0.8%) ($178.2400 - $180.5000) on Tue. Jan. 12, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 30 |
Latest Price | $180.5000(0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 1.3% a day on average for past five trading days. |
Weekly Trend | SGEN declines -4.2% a week on average for past two weeks. |
Market Behavior | Value stock 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(49%) XBI(41%) ARKG(35%) IWO(34%) ARKK(31%) |
Factors Impacting SGEN price | SGEN will decline at least -1.36% in a week (0% probabilities). VIXM(-22%) VXX(-10%) UUP(-9%) TBT(-3%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.36% (StdDev 2.72%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
| |
|
|