| SAGE latest price $43.3500 (4.26%) ($41.6400 - $44.1600) on Wed. Jul. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.9% (three month average) |
RSI | 85 |
Latest Price | $43.3500(4.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 0.8% a day on average for past five trading days. |
Weekly Trend | SAGE advances 6.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SAGE advance at 0% a week (0% probability) IBB(48%) IWO(45%) IWC(43%) XBI(42%) IWM(41%) |
Factors Impacting SAGE price | SAGE will decline at least -1.95% in a week (0% probabilities). VIXM(-26%) UUP(-13%) VXX(-9%) TBT(-1%) DRIV(-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 | -1.95% (StdDev 3.9%) |
Hourly BBV | 0 () |
Intraday Trend | 3.9% |
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