| SGEN latest price $128.1750 (-0.18%) ($128.1750 - $130.7700) on Tue. Jan. 3, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.21% (three month average) |
RSI | 45 |
Latest Price | $128.1750(-0.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SGEN advances 0.2% a day on average for past five trading days. |
Weekly Trend | SGEN declines -1.6% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support SGEN advance at 0% a week (0% probability) IBB(29%) GDX(24%) SHY(24%) GDXJ(23%) SIL(23%) |
Factors Impacting SGEN price | SGEN will decline at least -1.105% in a week (0% probabilities). BOTZ(-11%) VCSH(-10%) XME(-9%) VXX(-9%) XOP(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.105% (StdDev 2.21%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
| |
|
|