| SYK latest price $264.0500 (3.06%) ($256.0000 - $264.2800) on Wed. Dec. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 69 |
Latest Price | $264.0500(3.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 0.9% a day on average for past five trading days. |
Weekly Trend | SYK declines -0.1% a week on average for past two weeks. |
Market Behavior | Broad based 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(65%) VYM(63%) XLB(62%) |
Factors Impacting SYK price | SYK will decline at least -0.825% in a week (0% probabilities). VIXM(-49%) UUP(-41%) VXX(-14%) TBT(-12%) 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 | -0.825% (StdDev 1.65%) |
Hourly BBV | 1.5 () |
Intraday Trend | 3.1% |
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