| SGEN latest price $128.2600 (-2.9%) ($128.2600 - $128.2600) on Thu. Dec. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.13% (three month average) |
RSI | 56 |
Latest Price | $128.2600(-2.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 0.5% a day on average for past five trading days. |
Weekly Trend | SGEN advances 4% 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(33%) GDX(26%) SIL(26%) GDXJ(25%) EWY(23%) |
Factors Impacting SGEN price | SGEN will decline at least -1.065% in a week (0% probabilities). VCSH(-10%) VXX(-9%) VIXM(-7%) UUP(-4%) USO(-4%) |
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 | -1.065% (StdDev 2.13%) |
Hourly BBV | -1.5 () |
Intraday Trend | 0% |
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