Stock Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Seattle Genetics, Inc (NASDAQ:SGEN)
Countertrend Up (+85) - SGEN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SGEN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGEN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGEN
The long-term trend has been UP since Apr 6th, 2020 at 124.32
The intermediate-term trend has been UP since Mar 31st, 2020 at 116.29
The short-term trend has been DOWN since May 8th, 2020 at 160.50
Smart Scan Analysis for SGEN
Based on our trend formula, SGEN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||84.37||Year High Date||2018-10-03|
|Year Low||47.75||Year Low Date||2018-04-25|
|52wk High||124.32||52wk High Date||2020-02-11|
|52wk Low||62.9||52wk Low Date||2019-05-15|
|Year End Close||23.17||Average Volume||1,397,793|
|Shares Outstanding||171,386||Short Interest||23,132,656|
|% Institutional||91.9||Market Cap||11,457M|