| SAGE latest price $34.1900 (4.27%) ($31.8000 - $34.1900) on Wed. May. 4, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.02% (three month average) |
RSI | 41 |
Latest Price | $34.1900(4.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 1.6% a day on average for past five trading days. |
Weekly Trend | SAGE declines -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(47%) IWC(40%) IWO(40%) IWM(38%) IWN(35%) |
Factors Impacting SAGE price | SAGE will decline at least -2.01% in a week (0% probabilities). VIXM(-25%) UUP(-11%) VXX(-4%) TBT(-2%) UNG(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.01% (StdDev 4.02%) |
Hourly BBV | 2.7 () |
Intraday Trend | 0% |
| |
|
|