| SAGE latest price $67.4700 (2.94%) ($65.4800 - $68.0600) on Thu. Oct. 8, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.17% (three month average) |
RSI | 58 |
Latest Price | $67.4700(2.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 2.6% a day on average for past five trading days. |
Weekly Trend | SAGE advances 2.3% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(40%) |
Factors Impacting SAGE price | SAGE will decline at least -1.585% in a week (0% probabilities). VIXM(-26%) UUP(-12%) VXX(-8%) EDOC(-5%) DRIV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.585% (StdDev 3.17%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0% |
| |
|
|