| SGEN latest price $190.4900 (2.94%) ($185.4200 - $190.7000) on Mon. Sep. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.71% (three month average) |
RSI | 88 |
Latest Price | $190.4900(2.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 1.3% a day on average for past five trading days. |
Weekly Trend | SGEN advances 8.9% 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(51%) XBI(42%) ARKG(36%) IWO(34%) IWF(33%) |
Factors Impacting SGEN price | SGEN will decline at least -1.355% in a week (0% probabilities). VIXM(-21%) VXX(-10%) UUP(-10%) TBT(-4%) DRIV(-3%) |
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 | -1.355% (StdDev 2.71%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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