Trading Signals: SYY Stock Price Prediction and Forecast

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Mon. Jul. 24, 2023

Trading Signals: SYY Stock Price Prediction and Forecast (Mon. Dec. 1, 2014 - Fri. Dec. 22, 2023)

(Sysco Corporation)
SYY latest price $75.8100 (0.81%) ($75.4100 - $76.2000) on Mon. Jul. 24, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.1% (three month average)
RSI   50
Latest Price   $75.8100(0.81%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SYY advances 0.7% a day on average for past five trading days.
Weekly Trend   SYY advances 0.2% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support SYY advance at 0% a week (0% probability)
SPLV(64%)    XLP(64%)    SDY(61%)    VYM(57%)    IFRA(54%)
Factors Impacting SYY price   SYY will decline at least -0.55% in a week (0% probabilities).
VXX(-30%)    VIXM(-26%)    TBT(-19%)    USO(-10%)    UUP(-9%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.55% (StdDev 1.1%)
Hourly BBV 1 ()
Intraday Trend 0.5%

5 Day Moving Average   $74.6(1.62%)
10 Day Moving Average   $74.1(2.31%)
20 Day Moving Average   $73.96(2.5%)
To recent high   -1.3%
To recent low   9%
Market Cap   $38.531b

Sysco Corp. engages in selling, marketing, and distribution of food products to restaurants, healthcare and educational facilities, and lodging establishments. It operates through the following segments: U.S. Foodservice Operations, International Foodservice Operations, SYGMA, Other, and Corporate. The U.S. Foodservice Operations consists of U.S. Broadline operations, custom-cut meat and seafood companies, FreshPoint, and European Imports. The International Foodservice Operations segment includes broadline operations in Canada and Europe, including the Brakes Group, Bahamas, Mexico, Costa Rica, and Panama. The SYGMA segment represents its customized distribution subsidiary. The Other segment covers hotel supply operations and Sysco Labs, which includes suite of technology solutions. The company was founded by John F. Baugh in 1969 and is headquartered in Houston, TX.

$. SYY price fluctuates within 1.27% (three month std-dev: 1.1%) daily (68% of days).

Sample size 50 Average positive next day return: 0.78%(54%) Average negative next day return: -1.19%(46%) Sample size 50 Average positive next three day return: 1.27%(44%) Average negative next three day return: -1.1%(56%) Sample size 50 Average positive next weekly return: 1.21%(44%) Average negative next weekly return: -1.36%(56%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jul_24_2023	74.22	73.96	74.1	74.6	74.86	75.58	75.81(0.81%)	UT	OpenLong	75	1.3	46	80	50	32	2.52	56%	0	48	1.1%	1	2	50	1.6
2	Jul_21_2023	74.22	73.79	73.91	74.12	74.16	75.15	75.2(-0.21%)	UD	OpenLong	75	1.2	58	100	71	20	2.37	58%	-0.01	30.6	1.1%	0.6	1.6	55	1.1
3	Jul_20_2023	74.23	73.69	73.8	73.7	73.59	74.15	75.36(1.63%)	UT	OpenLong	75	2	52	50	66	8	2.03	58%	0	22.1	1.12%	1.6	2	62	1.4
4	Jul_19_2023	74.23	73.55	73.8	73.29	73.13	73.17	74.15(2.3%)	DP	OpenShort	-65	1.1	-1	-0	7	-24	2.6	55%	0	10.7	1.1%	1.7	0.8	59	1.5
5	Jul_18_2023	74.23	73.46	73.66	73.22	73.18	73.03	72.48(-1.27%)	DT	OpenShort	-75	-0.9	-23	-20	-19	-33	2.62	52%	-0.04	7.5	1.06%	-1.7	-1.3	46	1.9

6	Jul_17_2023	74.26	73.46	73.94	73.52	73.48	73.09	73.41(0.42%)	DP	OpenShort	-75	-0.1	-17	-40	-22	-1	1.54	58%	-0.04	26.7	1.05%	0.7	-0.1	60	1.4
7	Jul_14_2023	74.29	73.52	74.03	73.66	73.73	73.32	73.1(-0.26%)	N/A	N/A	0	-0.7	-28	-40	-40	9	2.14	55%	-0.04	36.2	1.09%	-0.7	-0.5	58	1.2
8	Jul_13_2023	74.32	73.51	74.05	73.9	74.06	73.87	73.29(-0.73%)	N/A	N/A	0	-0.8	-10	-10	-22	26	2.09	55%	-0.07	45.6	1.11%	-1.8	-0.3	52	1
9	Jul_12_2023	74.37	73.47	74.03	74.08	74.24	74.15	73.83(-0.22%)	UD	OpenLong	65	-0.3	7	-0	-5	42	2.12	49%	-0.04	50	1.11%	-1	0.5	60	1.1
10	Jul_11_2023	74.4	73.4	73.99	74.17	74.16	74.25	73.99(-0.11%)	UD	OpenLong	65	-0.2	3	10	-11	45	2.46	49%	0	52.3	1.24%	-1.9	0.7	61	-0.3

11	Jul_10_2023	74.4	73.31	73.85	74.43	74.24	74.33	74.07(-0.35%)	UD	OpenLong	75	-0.4	20	0	8	57	2.11	49%	-0.07	63.7	1.25%	-0.8	0.9	54	-0.5
12	Jul_7_2023	74.45	73.24	73.7	74.46	74.31	74.07	74.33(0.2%)	UT	OpenLong	75	-0.2	17	-30	5	52	2.61	49%	-0.05	80.5	1.25%	0.9	1.3	55	-0.3
13	Jul_6_2023	74.49	73.16	73.58	74.22	74.17	74.15	74.18(-0.13%)	UD	OpenLong	65	-0	7	-0	-5	43	2.62	49%	-0.04	92	1.26%	0.3	1.2	59	-0.6
14	Jul_5_2023	74.52	73.08	73.43	73.96	73.94	74.55	74.28(-1.35%)	UD	OpenLong	75	0.4	33	60	28	49	2.69	49%	-0.09	97.2	1.26%	0.4	1.5	62	0.9
15	Jul_3_2023	74.59	72.99	73.24	73.78	73.54	74.19	75.3(1.48%)	UT	OpenLong	75	2.1	58	50	58	56	1.39	52%	-0.04	112.9	1.24%	0	3.1	66	1.2

16	Jun_30_2023	74.62	72.78	73.03	73.19	73.12	73.33	74.2(1.46%)	UT	OpenLong	75	2.1	35	20	35	34	2.52	50%	-0.03	138.8	1.23%	2.2	2.9	65	1
17	Jun_29_2023	74.64	72.58	72.93	72.84	72.77	72.88	73.13(0.36%)	UT	HoldLong	50	0.6	2	10	-1	11	1.77	50%	-0.04	108.7	1.21%	-0.1	1.1	53	1
18	Jun_28_2023	74.67	72.41	72.89	72.86	72.76	72.91	72.87(-0.7%)	UD	OpenLong	75	0	11	10	9	15	1.91	50%	-0.07	58.3	1.23%	0.1	0.6	50	1.2
19	Jun_27_2023	74.72	72.31	72.84	72.81	72.82	72.66	73.38(1.4%)	UT	OpenLong	75	0.6	11	-10	10	12	2.44	52%	-0.05	32.6	1.22%	1.7	1	56	1.1
20	Jun_26_2023	74.76	72.17	72.75	72.63	72.68	72.6	72.37(-0.11%)	DT	OpenShort	-75	-0.3	-19	-10	-22	-8	3.4	51%	-0.05	16.3	1.23%	-0.6	0.2	48	1

21	Jun_23_2023	74.8	72.12	72.74	72.83	72.78	72.97	72.45(-1.08%)	UD	OpenLong	75	-0.4	5	20	2	14	2.64	53%	-0.07	12.7	1.26%	-1.3	0.3	61	1.1
22	Jun_22_2023	74.85	72.04	72.76	73.02	72.78	72.75	73.24(0.88%)	UT	OpenLong	75	0.2	16	-20	8	40	1.38	51%	-0.07	6.3	1.26%	1	1.1	74	1.4
23	Jun_21_2023	74.9	71.96	72.76	72.93	72.78	72.6	72.6(0.17%)	N/A	N/A	0	-0.3	-2	-30	-18	47	1.67	53%	-0.07	-6.4	1.27%	-0.8	0.6	74	1.3
24	Jun_20_2023	74.95	71.97	72.72	72.87	72.92	73.08	72.48(-1.24%)	UD	OpenLong	65	-0.3	13	20	-4	62	1.98	55%	-0.12	-13.9	1.28%	-0.9	0.4	62	1.2
25	Jun_16_2023	75.04	72	72.74	72.88	72.83	73.24	73.39(-0.01%)	UD	OpenLong	75	0.4	45	40	30	88	4.4	52%		-15.8	1.31%	1	1.2	69	1.6
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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