SAGE THERAPEUTICS INC (SAGE) Stock Technical Analysis
NASDAQ:SAGE - Nasdaq - US78667J1088 - Common Stock - Currency: USD
Taking everything into account, SAGE scores 0 out of 10 in our technical rating. SAGE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SAGE is a bad performer in the overall market: 85% of all stocks are doing better.
SAGE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SAGE is lagging the market.
In the last month SAGE has a been trading in the 6.36 - 7.86 range, which is quite wide. It is currently trading near the lows of this range.
SAGE has an average volume of 1051330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SAGE is an average performer in the Biotechnology industry, it outperforms 56% of 561 stocks in the same industry.
The technical rating of SAGE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.31
8.83
When analyzing the support we notice one important area.
- A support zone ranging from 6.37 to 6.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 6.90 to 7.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.38 to 7.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.43 from a horizontal line in the daily time frame.
- Resistance @8.74 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SAGE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SAGE is down. |
| ChartMill Relative Strength | 15.23 | NEGATIVE | SAGE has a low relative strength, it was outperformed by 84.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SAGE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SAGE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SAGE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.65 | NEUTRAL | The RSI value for SAGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SAGE has a negative trend. |
| Stochastics (14,3) | 26.29 | NEUTRAL | The Stochastics value for SAGE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.35 | MEDIUM VOLATILITY | The ATR as a percentage value for SAGE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.46 | NEUTRAL | The ADX value for SAGE suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
6.53
-0.08 (-1.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.21%
1 Week-5.22%
2 Weeks-0.46%
1 Month-16.17%
3 Month-10.67%
6 Month26.31%
12 Month-44.57%
2 Year-86.81%
3 Year-79.12%
5 Year-81.72%
10 Year-91.28%
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%4.35%
ATR Inc-43.99%
Range Today0.1
ADR(20)0.28
ADR(20)%4.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.23
Mansfield-1.79
10 Day High7.25
10 Day Low6.36
20 Day High7.86
20 Day Low6.36
52 Week High13.47
52 Week Low4.62
CS1 End6.52
CR1 Start6.9
Volume & EV
DER(3)-3.34%
DER(5)-2.39%
Volume770.50K
Volume Incr-18.99%
Vol(5)751.50K
Vol(50)1.05M