| SAGE latest price $71.4700 (1.06%) ($70.3350 - $72.1000) on Fri. Oct. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.24% (three month average) |
RSI | 70 |
Latest Price | $71.4700(1.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 0.7% a day on average for past five trading days. |
Weekly Trend | SAGE advances 4.4% 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) IBB(49%) IWO(45%) IWC(43%) IWM(42%) XBI(41%) |
Factors Impacting SAGE price | SAGE will decline at least -1.62% in a week (0% probabilities). VIXM(-27%) UUP(-12%) VXX(-8%) EDOC(-5%) 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 | -1.62% (StdDev 3.24%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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