| SAGE latest price $52.1300 (-3.19%) ($51.3600 - $54.5500) on Thu. Sep. 3, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.25% (three month average) |
RSI | 56 |
Latest Price | $52.1300(-3.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 2.2% a day on average for past five trading days. |
Weekly Trend | SAGE advances 0.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SAGE advance at 0% a week (0% probability) IBB(49%) IWO(45%) IWC(43%) IWM(41%) XBI(41%) |
Factors Impacting SAGE price | SAGE will decline at least -1.625% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.625% (StdDev 3.25%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
| |
|
|