| SAGE latest price $78.5000 (5.84%) ($74.8000 - $83.2600) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.24% (three month average) |
RSI | 71 |
Latest Price | $78.5000(5.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 1.8% a day on average for past five trading days. |
Weekly Trend | SAGE advances 4.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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(40%) |
Factors Impacting SAGE price | SAGE will decline at least -1.62% in a week (0% probabilities). VIXM(-27%) UUP(-13%) 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 | -1.62% (StdDev 3.24%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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