| SYK latest price $262.0500 (-1.6%) ($259.7550 - $263.8600) on Mon. Oct. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.27% (three month average) |
RSI | 43 |
Latest Price | $262.0500(-1.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SYK advances 0.3% a day on average for past five trading days. |
Weekly Trend | SYK declines -0.8% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SYK advance at 0% a week (0% probability) VT(67%) XLV(66%) VUG(63%) VYM(63%) XLB(62%) |
Factors Impacting SYK price | SYK will decline at least -0.635% in a week (0% probabilities). VIXM(-50%) UUP(-38%) VXX(-15%) TBT(-10%) IGOV(-5%) |
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 | -0.635% (StdDev 1.27%) |
Hourly BBV | -1.2 () |
Intraday Trend | -0.4% |
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