| SGEN latest price $32.4800 (-0.15%) ($31.8800 - $33.1800) on Thu. Mar. 10, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.6% (three month average) |
RSI | 60 |
Latest Price | $32.4800(-0.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 0.6% a day on average for past five trading days. |
Weekly Trend | SGEN advances 4.3% a week on average for past two weeks. |
Market Behavior | Normal 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(42%) XBI(37%) XLV(33%) ARKG(30%) IWO(29%) |
Factors Impacting SGEN price | SGEN will decline at least -1.8% in a week (0% probabilities). VIXM(-15%) TLT(-7%) UUP(-6%) SHY(-4%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.8% (StdDev 3.6%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
| |
|
|