| SAGE latest price $19.1700 (3.18%) ($18.6400 - $19.1700) on Fri. Nov. 17, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.48% (three month average) |
RSI | 55 |
Latest Price | $19.1700(3.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 2.3% a day on average for past five trading days. |
Weekly Trend | SAGE declines -2.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SAGE advance at 0% a week (0% probability) XBI(90%) IWO(83%) IWM(82%) IWN(82%) ARKG(81%) |
Factors Impacting SAGE price | SAGE will decline at least -1.74% in a week (0% probabilities). TBT(-32%) UUP(-17%) VXX(-15%) URA(-2%) VIXM(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.74% (StdDev 3.48%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0% |
| |
|
|