| SGEN latest price $40.3600 (4.1%) ($38.8900 - $40.7600) on Wed. Jun. 29, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.8% (three month average) |
RSI | 47 |
Latest Price | $40.3600(4.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 0.7% a day on average for past five trading days. |
Weekly Trend | SGEN declines -1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SGEN advance at 0% a week (0% probability) IBB(40%) XBI(35%) XLV(32%) ARKG(29%) IWF(28%) |
Factors Impacting SGEN price | SGEN will decline at least -1.4% in a week (0% probabilities). VIXM(-14%) UUP(-7%) TLT(-6%) SHY(-3%) GDXJ(-1%) |
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 | -1.4% (StdDev 2.8%) |
Hourly BBV | 0 () |
Intraday Trend | 2.8% |
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