| SGEN latest price $168.7300 (1.15%) ($168.7300 - $168.8600) on Mon. Aug. 30, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 75 |
Latest Price | $168.7300(1.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 0.4% a day on average for past five trading days. |
Weekly Trend | SGEN advances 3.9% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SGEN advance at 0% a week (0% probability) IBB(50%) XBI(43%) ARKG(35%) IWO(35%) IWF(32%) |
Factors Impacting SGEN price | SGEN will decline at least -0.8% in a week (0% probabilities). VIXM(-25%) VXX(-10%) UUP(-8%) TBT(-2%) USO(1%) |
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 | -0.8% (StdDev 1.6%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0% |
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