| SGEN latest price $173.5900 (-4.47%) ($171.7200 - $181.6500) on Fri. Nov. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.2% (three month average) |
RSI | 32 |
Latest Price | $173.5900(-4.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 0.8% a day on average for past five trading days. |
Weekly Trend | SGEN declines -6.3% 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(50%) XBI(42%) ARKG(35%) IWO(34%) IWF(32%) |
Factors Impacting SGEN price | SGEN will decline at least -1.6% in a week (0% probabilities). VIXM(-21%) VXX(-10%) UUP(-10%) TBT(-5%) EDOC(-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 | -1.6% (StdDev 3.2%) |
Hourly BBV | -1.5 () |
Intraday Trend | 0% |
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