| SAGE latest price $88.9500 (1.38%) ($88.9500 - $89.0850) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.18% (three month average) |
RSI | 85 |
Latest Price | $88.9500(1.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 3.6% a day on average for past five trading days. |
Weekly Trend | SAGE advances 9.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SAGE advance at 0% a week (0% probability) IBB(50%) IWO(46%) IWC(44%) IWM(43%) XBI(41%) |
Factors Impacting SAGE price | SAGE will decline at least -1.59% in a week (0% probabilities). VIXM(-27%) UUP(-13%) VXX(-8%) UNG(-1%) 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 | -1.59% (StdDev 3.18%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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