Overall SGEN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SGEN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although SGEN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
119.06
We found 5 important support areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SGEN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGEN is up. |
| ChartMill Relative Strength | 91.69 | POSITIVE | SGEN has a high relative strength, it outperformed 91.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGEN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGEN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 82.92 | OVERBOUGHT | The high RSI value suggests SGEN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.62 | POSITIVE | The MACD value suggests SGEN has a positive trend. |
| Stochastics (14,3) | 99.05 | OVERBOUGHT | The high Stochastics value suggests SGEN may be overbought. |
| Average True Range in percent/ATR (20) | 0.84 | LOW VOLATILITY | The low ATR as a percentage value for SGEN suggests low volalility. |
| Average Directional Index/ADX (14) | 29.54 | POSITIVE | The high ADX value value for SGEN suggests a strong trend. |
228.74
-0.16 (-0.07%)
ChartMill assigns a technical rating of 9 / 10 to SGEN.
The current trend direction for SEAGEN INC (SGEN) is Bullish.
SEAGEN INC (SGEN) has an RSI value of 82.9183. This indicates that the stock is currently overbought.
The MACD indicator for SEAGEN INC (SGEN) has a value of 1.61745, indicating a bullish trend.
The buy/sell signal for SEAGEN INC (SGEN) is buy as both the short term and long term trends are positive.