SAGE THERAPEUTICS INC (SAGE) Stock Technical Analysis
NASDAQ:SAGE - Nasdaq - US78667J1088 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to SAGE. SAGE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
90% of all other stocks performed better in the past year than SAGE.
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 6.35 - 7.25 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
SAGE is part of the Biotechnology industry. There are 557 other stocks in this industry, SAGE did better than 44% of them.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SAGE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
6.31
8.63
2 important support areas can be observed.
- Support @6.59 from a trend line in the daily time frame.
- A support zone ranging from 6.37 to 6.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 6.86 to 7.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.54 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 | 10.23 | NEGATIVE | SAGE has a low relative strength, it was outperformed by 89.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SAGE is below the rising 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) | 47.26 | NEUTRAL | The RSI value for SAGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SAGE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.53 | NEUTRAL | The Stochastics value for SAGE is a neutral value. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for SAGE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.35 | NEGATIVE | The low ADX value for SAGE suggests a weak or negative 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)
6.7
+0.1 (+1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.52%
1 Week-2.19%
2 Weeks3.72%
1 Month1.36%
3 Month-13.21%
6 Month24.42%
12 Month-44.17%
2 Year-85.75%
3 Year-79.26%
5 Year-83.89%
10 Year-90.82%
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%4%
ATR Inc-4.04%
Range Today0.28
ADR(20)0.27
ADR(20)%3.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.23
Mansfield-1.48
10 Day High7.21
10 Day Low6.39
20 Day High7.25
20 Day Low6.35
52 Week High13.47
52 Week Low4.62
CS1 End6.59
CR1 Start6.86
Volume & EV
DER(3)0.24%
DER(5)1.5%
Volume647.30K
Volume Incr-26.61%
Vol(5)561.06K
Vol(50)936.13K