| SYK latest price $294.3500 (-0.44%) ($294.0100 - $301.2400) on Fri. Jun. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.19% (three month average) |
RSI | 81 |
Latest Price | $294.3500(-0.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 1.2% a day on average for past five trading days. |
Weekly Trend | SYK advances 2.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SYK advance at 0% a week (0% probability) IVE(52%) SPY(49%) XLY(47%) IVW(45%) IWD(44%) |
Factors Impacting SYK price | SYK will decline at least -0.595% in a week (0% probabilities). UUP(-40%) VIXM(-39%) VXX(-35%) TBT(-19%) ACES(-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 | -0.595% (StdDev 1.19%) |
Hourly BBV | 1 () |
Intraday Trend | -1.1% |
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