| SAGE latest price $79.4900 (2.07%) ($76.4710 - $80.7000) on Tue. Nov. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.2% (three month average) |
RSI | 76 |
Latest Price | $79.4900(2.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 1.4% a day on average for past five trading days. |
Weekly Trend | SAGE advances 6.2% 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(49%) IWO(46%) IWC(43%) IWM(42%) XBI(41%) |
Factors Impacting SAGE price | SAGE will decline at least -1.6% in a week (0% probabilities). VIXM(-27%) UUP(-13%) VXX(-8%) EDOC(-6%) TBT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.6% (StdDev 3.2%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
| |
|
|