| SYK latest price $201.6200 (1.81%) ($197.5900 - $202.3500) on Wed. Sep. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.06% (three month average) |
RSI | 69 |
Latest Price | $201.6200(1.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 1.3% 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 rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SYK advance at 0% a week (0% probability) VT(66%) XLV(64%) VYM(63%) XLI(62%) DIA(61%) |
Factors Impacting SYK price | SYK will decline at least -1.03% in a week (0% probabilities). VIXM(-49%) UUP(-33%) VXX(-18%) IGOV(-4%) TBT(-3%) |
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 | -1.03% (StdDev 2.06%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.6% |
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