| SAGE latest price $61.1500 (2.65%) ($59.2100 - $61.3200) on Wed. Sep. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.16% (three month average) |
RSI | 70 |
Latest Price | $61.1500(2.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 0.4% a day on average for past five trading days. |
Weekly Trend | SAGE advances 2.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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 -1.58% in a week (0% probabilities). VIXM(-26%) UUP(-12%) VXX(-8%) IGOV(-5%) EDOC(-4%) |
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 | -1.58% (StdDev 3.16%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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