SAGE THERAPEUTICS INC (SAGE) Stock Technical Analysis
NASDAQ:SAGE - Nasdaq - US78667J1088 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to SAGE. Recently some decent action could be observed, but in the medium term time frame this is still negative. SAGE was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, SAGE is a bad performer in the overall market: 80% of all stocks are doing better.
SAGE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
SAGE has an average volume of 2113960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
SAGE is an average performer in the Biotechnology industry, it outperforms 61% of 571 stocks in the same industry.
In the last month SAGE has a been trading in the 6.91 - 7.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, SAGE does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 7.24, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.96
8.83
We found 1 important support area.
- A support zone ranging from 7.03 to 7.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- Resistance @7.32 from a horizontal line in the weekly time frame.
- Resistance @7.51 from a horizontal line in the daily time frame.
- Resistance @8.22 from a trend line in the daily time frame.
- Resistance @8.74 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.47
Mansfield-3.34
10 Day High7.55
10 Day Low6.99
20 Day High7.59
20 Day Low6.91
52 Week High23.22
52 Week Low4.62
Performance
1 Week1.81%
2 Weeks0.41%
1 Month4.13%
3 Month41.39%
6 Month-13.08%
12 Month-66.79%
2 Year-82.44%
3 Year-79.9%
5 Year-84.45%
10 Year-83.18%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)60.55
LBB7.07
UBB7.35
7.31
+0.16 (+2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.24%
1 Week1.81%
2 Weeks0.41%
1 Month4.13%
3 Month41.39%
6 Month-13.08%
12 Month-66.79%
2 Year-82.44%
3 Year-79.9%
5 Year-84.45%
10 Year-83.18%
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%2.79%
ATR Inc82.66%
Range Today0.4
ADR(20)0.2
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.47
Mansfield-3.34
10 Day High7.55
10 Day Low6.99
20 Day High7.59
20 Day Low6.91
52 Week High23.22
52 Week Low4.62
CS1 End7.24
CR1 Start7.32
Volume & EV
DER(3)2.08%
DER(5)0.66%
Volume1.93M
Volume Incr-14.68%
Vol(5)1.82M
Vol(50)2.11M