| SYK latest price $252.9500 (-1.09%) ($249.3000 - $254.0000) on Wed. Jan. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.88% (three month average) |
RSI | 52 |
Latest Price | $252.9500(-1.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 0.1% a day on average for past five trading days. |
Weekly Trend | SYK declines -0.3% 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) IVE(49%) SPY(49%) IVW(48%) IWF(47%) QQQ(47%) |
Factors Impacting SYK price | SYK will decline at least -0.94% in a week (0% probabilities). VIXM(-34%) UUP(-29%) EDOC(-11%) VXX(-10%) TBT(-9%) |
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 | -0.94% (StdDev 1.88%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0.5% |
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