| SAGE latest price $64.1000 (6.59%) ($60.5100 - $66.2900) on Tue. Oct. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.22% (three month average) |
RSI | 60 |
Latest Price | $64.1000(6.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 1.5% a day on average for past five trading days. |
Market Behavior | Broad based sell-off for large cap. Normal 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(40%) |
Factors Impacting SAGE price | SAGE will decline at least -1.61% in a week (0% probabilities). VIXM(-26%) UUP(-12%) VXX(-8%) IGOV(-5%) EDOC(-5%) |
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 | -1.61% (StdDev 3.22%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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