| SYK latest price $285.4700 (1.7%) ($280.9300 - $285.7300) on Fri. Mar. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.83% (three month average) |
RSI | 74 |
Latest Price | $285.4700(1.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 0.6% 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. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SYK advance at 0% a week (0% probability) IVE(48%) SPY(47%) XLV(45%) IVW(44%) VT(44%) |
Factors Impacting SYK price | SYK will decline at least -0.915% in a week (0% probabilities). VXX(-36%) VIXM(-35%) UUP(-26%) TBT(-9%) IGOV(-6%) |
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 | -0.915% (StdDev 1.83%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1% |
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