| SAGE latest price $22.6400 (-3.6%) ($22.6400 - $22.6400) on Wed. Sep. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.7% (three month average) |
RSI | 81 |
Latest Price | $22.6400(-3.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 1.9% a day on average for past five trading days. |
Weekly Trend | SAGE advances 5.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SAGE advance at 0% a week (0% probability) XBI(77%) ARKG(68%) IBB(67%) TAN(58%) IWO(56%) |
Factors Impacting SAGE price | SAGE will decline at least -3.85% in a week (0% probabilities). TBT(-29%) UUP(-16%) VXX(-10%) VIXM(-10%) URA(-4%) |
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 | -3.85% (StdDev 7.7%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0% |
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