| SGEN latest price $132.0850 (-1.47%) ($132.0850 - $132.0850) on Wed. Dec. 14, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 60 |
Latest Price | $132.0850(-1.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 2% a day on average for past five trading days. |
Weekly Trend | SGEN advances 3.6% 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(33%) GDX(26%) SIL(26%) GDXJ(25%) SHY(24%) |
Factors Impacting SGEN price | SGEN will decline at least -1.055% in a week (0% probabilities). VXX(-9%) VCSH(-9%) VIXM(-7%) UUP(-4%) USO(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.055% (StdDev 2.11%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
| |
|
|