| SYK latest price $166.4900 (2.17%) ($162.5100 - $170.9450) on Tue. Mar. 31, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.19% (three month average) |
RSI | 47 |
Latest Price | $166.4900(2.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 3% a day on average for past five trading days. |
Weekly Trend | SYK advances 2.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SYK advance at 0% a week (0% probability) VT(72%) VYM(71%) XLV(71%) IWD(70%) XLI(70%) |
Factors Impacting SYK price | SYK will decline at least -2.095% in a week (0% probabilities). VIXM(-48%) UUP(-33%) VXX(-20%) TLT(-8%) IGOV(5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.095% (StdDev 4.19%) |
Hourly BBV | 1.2 () |
Intraday Trend | 2.3% |
| |
|
|