| SYK latest price $219.0900 (0.78%) ($216.8100 - $220.1000) on Thu. Oct. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.68% (three month average) |
RSI | 64 |
Latest Price | $219.0900(0.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 1% a day on average for past five trading days. |
Weekly Trend | SYK advances 2.8% 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 -0.84% in a week (0% probabilities). VIXM(-50%) UUP(-34%) VXX(-18%) TBT(-4%) EDOC(-4%) |
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 | -0.84% (StdDev 1.68%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.5% |
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