| SAGE latest price $53.4200 (6.8%) ($49.5700 - $53.4200) on Mon. Aug. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.2% (three month average) |
RSI | 73 |
Latest Price | $53.4200(6.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 0.1% a day on average for past five trading days. |
Weekly Trend | SAGE advances 4.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SAGE advance at 0% a week (0% probability) IBB(48%) IWO(45%) IWC(43%) IWM(41%) XBI(41%) |
Factors Impacting SAGE price | SAGE will decline at least -1.6% in a week (0% probabilities). VIXM(-26%) UUP(-12%) VXX(-8%) EDOC(-3%) DRIV(-2%) |
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 | -1.6% (StdDev 3.2%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
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