| SYK latest price $240.7700 (2.94%) ($235.6600 - $242.4800) on Thu. Dec. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.12% (three month average) |
RSI | 71 |
Latest Price | $240.7700(2.94%) |
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 2.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SYK advance at 0% a week (0% probability) VT(52%) VUG(51%) XLV(50%) XLK(46%) XHB(44%) |
Factors Impacting SYK price | SYK will decline at least -1.06% in a week (0% probabilities). VIXM(-37%) UUP(-37%) TBT(-15%) VXX(-11%) ARKK(-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 | -1.06% (StdDev 2.12%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.8% |
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