| SYK latest price $253.5700 (0.69%) ($250.6800 - $253.7800) on Tue. Apr. 13, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.37% (three month average) |
RSI | 91 |
Latest Price | $253.5700(0.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 0.4% a day on average for past five trading days. |
Weekly Trend | SYK advances 3% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SYK advance at 0% a week (0% probability) VT(66%) XLV(65%) VUG(63%) VYM(61%) XLI(61%) |
Factors Impacting SYK price | SYK will decline at least -0.685% in a week (0% probabilities). VIXM(-49%) UUP(-37%) VXX(-17%) TBT(-8%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.685% (StdDev 1.37%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1% |
| |
|
|