| SYK latest price $302.4300 (0.93%) ($299.6400 - $304.9000) on Fri. Jul. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.21% (three month average) |
RSI | 57 |
Latest Price | $302.4300(0.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 0.6% a day on average for past five trading days. |
Weekly Trend | SYK declines -0.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(53%) XLY(53%) SPY(49%) IVW(47%) REMX(47%) |
Factors Impacting SYK price | SYK will decline at least -0.605% in a week (0% probabilities). VIXM(-43%) UUP(-40%) VXX(-39%) TBT(-16%) EDOC(-2%) |
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 | -0.605% (StdDev 1.21%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.9% |
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