| SYK latest price $178.9100 (-3.15%) ($178.2700 - $183.1900) on Tue. Apr. 21, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.02% (three month average) |
RSI | 57 |
Latest Price | $178.9100(-3.15%) |
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 7.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SYK advance at 0% a week (0% probability) VT(68%) VYM(66%) XLV(66%) IWD(65%) IVE(64%) |
Factors Impacting SYK price | SYK will decline at least -2.51% in a week (0% probabilities). VIXM(-52%) UUP(-33%) VXX(-21%) TLT(-4%) TBT(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.51% (StdDev 5.02%) |
Hourly BBV | -1.5 () |
Intraday Trend | -1.1% |
| |
|
|