| SYK latest price $278.1200 (0.47%) ($275.4000 - $278.7200) on Tue. Mar. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.84% (three month average) |
RSI | 70 |
Latest Price | $278.1200(0.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 0.2% a day on average for past five trading days. |
Weekly Trend | SYK advances 2% 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) IVE(50%) SPY(48%) IVW(46%) XLV(46%) IWF(45%) |
Factors Impacting SYK price | SYK will decline at least -0.92% in a week (0% probabilities). VXX(-36%) VIXM(-36%) UUP(-27%) TBT(-5%) 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 | -0.92% (StdDev 1.84%) |
Hourly BBV | 2.4 () |
Intraday Trend | 0.3% |
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