| SAGE latest price $43.4400 (-4.65%) ($42.9500 - $45.6200) on Thu. Feb. 10, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.75% (three month average) |
RSI | 70 |
Latest Price | $43.4400(-4.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 1.3% a day on average for past five trading days. |
Weekly Trend | SAGE advances 7.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SAGE advance at 0% a week (0% probability) IBB(50%) IWO(43%) IWC(42%) IWM(40%) IWN(36%) |
Factors Impacting SAGE price | SAGE will decline at least -1.375% in a week (0% probabilities). VIXM(-27%) UUP(-12%) VXX(-5%) EDOC(-5%) UNG(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.375% (StdDev 2.75%) |
Hourly BBV | -1.9 () |
Intraday Trend | 0% |
| |
|
|