| SYK latest price $218.3100 (1.8%) ($210.0800 - $218.6000) on Fri. Oct. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 59 |
Latest Price | $218.3100(1.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 0.9% a day on average for past five trading days. |
Weekly Trend | SYK advances 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(58%) VUG(57%) XLK(53%) XLV(52%) XLY(52%) |
Factors Impacting SYK price | SYK will decline at least -0.95% in a week (0% probabilities). UUP(-45%) VIXM(-37%) TBT(-15%) VXX(-11%) EDOC(1%) |
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 | -0.95% (StdDev 1.9%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.2% |
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