| SAGE latest price $50.7000 (1.4%) ($49.6300 - $51.8100) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.32% (three month average) |
RSI | 72 |
Latest Price | $50.7000(1.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 2.1% a day on average for past five trading days. |
Weekly Trend | SAGE advances 3.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SAGE advance at 0% a week (0% probability) IBB(48%) IWO(45%) IWC(43%) IWM(41%) XBI(41%) |
Factors Impacting SAGE price | SAGE will decline at least -1.66% in a week (0% probabilities). VIXM(-26%) UUP(-12%) VXX(-8%) DRIV(-2%) 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 | -1.66% (StdDev 3.32%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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