| SYK latest price $297.3200 (0.87%) ($291.9800 - $297.7000) on Wed. Sep. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.26% (three month average) |
RSI | 75 |
Latest Price | $297.3200(0.87%) |
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 2.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(59%) SPY(56%) XLY(56%) IVW(55%) ONLN(55%) |
Factors Impacting SYK price | SYK will decline at least -0.63% in a week (0% probabilities). VXX(-40%) VIXM(-40%) UUP(-39%) UNG(-14%) BNDX(-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 | -0.63% (StdDev 1.26%) |
Hourly BBV | -0.1 () |
Intraday Trend | 1.2% |
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