| SGEN latest price $179.2600 (-1.38%) ($178.3500 - $181.2500) on Wed. Sep. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 69 |
Latest Price | $179.2600(-1.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 0.3% a day on average for past five trading days. |
Weekly Trend | SGEN advances 9.4% 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(52%) XBI(43%) ARKG(37%) IWO(35%) IWF(33%) |
Factors Impacting SGEN price | SGEN will decline at least -1.36% in a week (0% probabilities). VIXM(-20%) VXX(-10%) UUP(-10%) TBT(-4%) DRIV(-2%) |
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 | -1.36% (StdDev 2.72%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
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