| SAGE latest price $19.6600 (4.83%) ($19.6600 - $19.7500) on Wed. Nov. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.5% (three month average) |
RSI | 54 |
Latest Price | $19.6600(4.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAGE advances 1.5% a day on average for past five trading days. |
Weekly Trend | SAGE declines -1.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SAGE advance at 0% a week (0% probability) XBI(84%) IWO(79%) IBB(78%) IWM(78%) IWN(77%) |
Factors Impacting SAGE price | SAGE will decline at least -3.75% in a week (0% probabilities). VXX(-36%) TBT(-34%) VIXM(-25%) UUP(-19%) URA(3%) |
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 | -3.75% (StdDev 7.5%) |
Hourly BBV | 2.7 () |
Intraday Trend | 0% |
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