| SGEN latest price $177.5200 (-1.1%) ($177.5200 - $179.1700) on Mon. Jun. 27, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.59% (three month average) |
RSI | 84 |
Latest Price | $177.5200(-1.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 1.4% a day on average for past five trading days. |
Weekly Trend | SGEN advances 11.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SGEN advance at 0% a week (0% probability) IBB(35%) EWY(25%) GDX(23%) IDRV(23%) SPLV(23%) |
Factors Impacting SGEN price | SGEN will decline at least -1.795% in a week (0% probabilities). VIXM(-13%) UUP(-11%) VXX(-7%) UNG(-6%) TBT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.795% (StdDev 3.59%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
| |
|
|