| SYK latest price $220.5000 (1%) ($219.0200 - $222.6300) on Mon. Oct. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 54 |
Latest Price | $220.5000(1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 0.5% a day on average for past five trading days. |
Weekly Trend | SYK advances 1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SYK advance at 0% a week (0% probability) VT(57%) VUG(56%) XLK(52%) XLV(51%) XLY(51%) |
Factors Impacting SYK price | SYK will decline at least -0.95% in a week (0% probabilities). UUP(-44%) VIXM(-36%) TBT(-16%) VXX(-11%) EDOC(-0%) |
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 | 1.3 () |
Intraday Trend | -0.6% |
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