| SAGE latest price $43.9150 (-0.28%) ($43.9150 - $43.9150) on Wed. Jan. 18, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 76 |
Latest Price | $43.9150(-0.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 1.5% a day on average for past five trading days. |
Weekly Trend | SAGE advances 8% 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) XBI(49%) IBB(38%) IWC(32%) IWO(30%) IWM(28%) |
Factors Impacting SAGE price | SAGE will decline at least -1.55% in a week (0% probabilities). TBT(-9%) BND(-9%) VIXM(-7%) UUP(-7%) CEMB(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.55% (StdDev 3.1%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0% |
| |
|
|