| SAGE latest price $54.2000 (4.88%) ($51.5100 - $57.9800) on Thu. Sep. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.2% (three month average) |
RSI | 54 |
Latest Price | $54.2000(4.88%) |
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 2.1% 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 -1.6% in a week (0% probabilities). VIXM(-26%) UUP(-12%) VXX(-8%) IGOV(-5%) EDOC(-3%) |
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 | 1.2 () |
Intraday Trend | 0% |
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