| SAGE latest price $73.9400 (2.74%) ($70.6800 - $75.0000) on Thu. Oct. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.25% (three month average) |
RSI | 67 |
Latest Price | $73.9400(2.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 0.9% a day on average for past five trading days. |
Weekly Trend | SAGE advances 5.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SAGE advance at 0% a week (0% probability) IBB(49%) IWO(46%) IWC(43%) IWM(42%) XBI(41%) |
Factors Impacting SAGE price | SAGE will decline at least -1.625% in a week (0% probabilities). VIXM(-27%) UUP(-12%) VXX(-8%) EDOC(-5%) TBT(-1%) |
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 | -1.625% (StdDev 3.25%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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