| SYK latest price $261.2800 (0.28%) ($259.9300 - $262.4200) on Wed. Dec. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.57% (three month average) |
RSI | 47 |
Latest Price | $261.2800(0.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 1.8% a day on average for past five trading days. |
Weekly Trend | SYK declines -0.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SYK advance at 0% a week (0% probability) VT(68%) XLV(68%) VUG(64%) VYM(64%) XLB(62%) |
Factors Impacting SYK price | SYK will decline at least -0.785% in a week (0% probabilities). VIXM(-50%) UUP(-40%) VXX(-15%) TBT(-11%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.785% (StdDev 1.57%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0.3% |
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