| SAGE latest price $46.5100 (-2.39%) ($46.5100 - $46.5100) on Fri. Jul. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 37 |
Latest Price | $46.5100(-2.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 0.3% a day on average for past five trading days. |
Market Behavior | Rotation from value to growth 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(48%) IBB(35%) ARKG(34%) IWC(27%) TAN(27%) |
Factors Impacting SAGE price | SAGE will decline at least -1.425% in a week (0% probabilities). TBT(-19%) UNG(-9%) XLC(-6%) UUP(-5%) SMH(-2%) |
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 | -1.425% (StdDev 2.85%) |
Hourly BBV | -1.7 () |
Intraday Trend | 0% |
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