| SYK latest price $289.5400 (0.18%) ($287.1500 - $289.7100) on Fri. Sep. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.18% (three month average) |
RSI | 69 |
Latest Price | $289.5400(0.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 0.4% a day on average for past five trading days. |
Weekly Trend | SYK advances 2.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support SYK advance at 0% a week (0% probability) IVE(62%) IVW(60%) SPY(60%) ONLN(55%) XLY(55%) |
Factors Impacting SYK price | SYK will decline at least -0.59% in a week (0% probabilities). VXX(-41%) VIXM(-41%) UUP(-38%) BNDX(-13%) UNG(-10%) |
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 | -0.59% (StdDev 1.18%) |
Hourly BBV | -0 () |
Intraday Trend | 0.4% |
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