| SAGE latest price $45.1500 (9.85%) ($45.1500 - $45.3400) on Thu. Jan. 12, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.08% (three month average) |
RSI | 67 |
Latest Price | $45.1500(9.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 2.8% a day on average for past five trading days. |
Weekly Trend | SAGE advances 3.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SAGE advance at 0% a week (0% probability) XBI(50%) IBB(39%) IWC(32%) IWO(31%) IWM(28%) |
Factors Impacting SAGE price | SAGE will decline at least -1.54% in a week (0% probabilities). EDOC(-10%) TBT(-9%) UUP(-8%) BND(-8%) VIXM(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.54% (StdDev 3.08%) |
Hourly BBV | 2.5 () |
Intraday Trend | 0% |
| |
|
|