| SGEN latest price $41.5800 (0.7%) ($39.8400 - $41.6400) on Thu. Sep. 10, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.35% (three month average) |
RSI | 46 |
Latest Price | $41.5800(0.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 0.7% a day on average for past five trading days. |
Weekly Trend | SGEN advances 0.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SGEN advance at 0% a week (0% probability) IBB(46%) XBI(41%) XLV(36%) ARKG(32%) IWO(32%) |
Factors Impacting SGEN price | SGEN will decline at least -1.175% in a week (0% probabilities). VIXM(-17%) TLT(-8%) UUP(-4%) SHY(-4%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.175% (StdDev 2.35%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
| |
|
|