• Return to Headlines

Bearish Moving Average Cross by Sage Therapeutic (SAGE)

By Amy Schwartz

Today, shares of Sage Therapeutic (NASDAQ:SAGE) have fallen below their 10-day MA of $167.83 on a volume of 125K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Sage Therapeutic share prices have moved between a 52-week high of $177.14 and a 52-week low of $79.88 and are now trading 109% above that low price at $166.74 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.0%.

SmarTrend is tracking the current trend status for Sage Therapeutic and will alert subscribers who have SAGE in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses sage therapeutic

Ticker(s): SAGE