| SGEN latest price $158.2700 (1.3%) ($155.3500 - $158.2700) on Mon. Jun. 21, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 56 |
Latest Price | $158.2700(1.3%) |
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 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(49%) XBI(42%) ARKG(35%) IWO(34%) ARKK(31%) |
Factors Impacting SGEN price | SGEN will decline at least -1.055% in a week (0% probabilities). VIXM(-24%) VXX(-10%) UUP(-8%) TBT(-3%) USO(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.055% (StdDev 2.11%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
| |
|
|