| SAGE latest price $35.0600 (-2.8%) ($34.8800 - $35.0600) on Mon. Jul. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.06% (three month average) |
RSI | 55 |
Latest Price | $35.0600(-2.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 1.6% a day on average for past five trading days. |
Weekly Trend | SAGE advances 0.9% 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(44%) IWC(38%) IWO(37%) IWM(34%) IWN(31%) |
Factors Impacting SAGE price | SAGE will decline at least -2.03% in a week (0% probabilities). VIXM(-18%) UUP(-10%) UNG(-4%) VXX(-2%) TLT(-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 | -2.03% (StdDev 4.06%) |
Hourly BBV | -1.6 () |
Intraday Trend | 0% |
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