| SGEN latest price $171.8700 (2.03%) ($165.1800 - $174.4690) on Tue. Nov. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.22% (three month average) |
RSI | 33 |
Latest Price | $171.8700(2.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 0.4% a day on average for past five trading days. |
Weekly Trend | SGEN declines -5.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally 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%) QQQ(32%) |
Factors Impacting SGEN price | SGEN will decline at least -1.61% in a week (0% probabilities). VIXM(-21%) VXX(-10%) UUP(-10%) TBT(-4%) EDOC(-4%) |
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 | -1.61% (StdDev 3.22%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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