| SYK latest price $198.1400 (-1.73%) ($196.4700 - $202.7390) on Thu. Sep. 3, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.07% (three month average) |
RSI | 70 |
Latest Price | $198.1400(-1.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 0.2% a day on average for past five trading days. |
Weekly Trend | SYK advances 2.9% 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(66%) XLV(64%) VYM(63%) XLI(62%) DIA(61%) |
Factors Impacting SYK price | SYK will decline at least -1.035% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.035% (StdDev 2.07%) |
Hourly BBV | -0.8 () |
Intraday Trend | -2.2% |
| |
|
|